NIO Stock: Cash Secured Put Update

NIO Stock: Cash Secured Put Update

Not all option trades go according to plan. Back in January we looked at a long-term cash secured put on Nio (NIO) stock. At the time, NIO stock was trading around 55, but yesterday the stock dropped to 41.53. In January we looked at selling the Jan. 21, 2022, put with a strike price of 55 which was trading for...