May’s Update

8 Positions = 8 assignments = 800 shares of fold = 400 shares to the stackers8 Positions = 8 assignments = 800 shares of fold = 400 shares to the stackers

Another month another assignment. NGL this is getting old and expensive!

Here is the cash covered Put I sold that paid me $169.96Here is the cash covered Put I sold that paid me $169.96

Here is the assignment that cost me $300Here is the assignment that cost me $300

This equals a loss of $130.04This equals a loss of $130.04

8th time I have over paid for Fold Stock! I still believe in the stock and how Will is running the business but now the market is expecting this company to go bankrupt. The stock price is now under $1. As long as fold stays the course and don’t sell their BTC I will ride this stock all the way to $0 if need be.

Check out the update to the Stacker Stocks Portfolio.

July’s Cash Covered Put Position!July’s Cash Covered Put Position!

Liquidity is drying up with this stock. The option tree is extremely thin!

With the stock trading at $0.88 I am better off just buying to stock at the market price. While it has been fun selling puts I think it is time to pump the brakes on this until Fold can get back over $1.25.

So far it has been tough sledding.

But I will keep stacking share!