Trade of the week ending 11 July 2025: Profit +$4600

#tradeoftheweek Jul 11, 2025

39 days ago sold 667 contracts Nio (NIO), $3 PUT at $0.08 expired 11 July. Total premium profit after fees $4600. This was an against the trend trade, aiming to pick up NIO at a good price. NIO rallied up so just kept premium.