#closing #shortputs NKLA Sept. 9,…

#closing #shortputs NKLA

Sept. 9, sold an Oct. 16, 20/30 put spread for 1.47 at exactly the wrong time as it went from around 50 that day to the teens. The long put worked out which is the difference in this trade. I closed the long put and went essentially naked to Nov. 20. Closed the position today with a little over $100 gain. NKLA has recovered to 26.