Added a new wheel position today ๐
Sold a $NOK $10 cash-secured put.
$54 premium collected
31 DTE
$9.46 effective entry if assigned
Iโve been watching Nokia for a while. The AI/data center networking opportunity is interesting, and I like the direction the business is heading.
No problem owning 100 shares at $9.46 if it drops.
Either I collect the premium, or I add a company I believe has room to grow. ๐ฐ