Selling ITM NIO calls to buy higher strike price calls via /r/wallstreetbets #stocks #wallstreetbets #investing


Selling ITM NIO calls to buy higher strike price calls

Been holding some NIO $15 C 1/15/21s and am up about 450%. Wondering if there is a play to sell these and buy a larger number of higher strike price (say $60?) with the same expiry date. Thoughts?

Submitted November 12, 2020 at 10:31PM by Marcovici
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