Trade of the week ending 23 May 2025: Profit +$6713
May 23, 2025
30 days ago sold 14 contracts Tesla (TSLA), $300 CALL at $4.80 expired 23 May. Total premium profit after fees $6713. This was a covered call to get out of a long position, which also spiked up after I opened it. Option was deep in the money so was exercised - but I profited from the premium and the strike was higher than my purchase price so a double win, albeit not the maximum profit.
