The chart looks very nice and trendy. JKS uptrend started in mid Sept 2020. It reached the peak in mid Oct 2020 and the price increased massively by 3.5 times. so those who have bought call option during the start of uptrend should be happy. Timing is extremely important. If we enter at the right time, we will earn tons of money. If we enter too late, we will lose money. Personally, I think it will take many weeks/months/years (or never) for it to go up again.
I am confused. Are you a day trader? ie you enter a position and close it within a day. Those who day traded KNDI yesterday should be very happy.
Just sold my calls of JKS and NIO. Think I paid $67 and $143. I am a bit confused on the math it says I realized $90 on JKS and $207 on NIO. Does that include the price I paid for the contracts? Or did I just make approximately 140% on both of them?
Well... You should be able to figure that out with your balance. I can not help with those info. It sound about right, I guess you meant 90-67. But again, not enough data to answer your question on pnl. Well done on NIO, I have sold nio puts at 7$ a couple of years ago during a massive dip, got assigned the stock, holding now and will hold for long I hope.
That means you might have too much on your table. Start slowly, one trade at a time, long only if it's a option before you know well what you are doing. Or build an equity portfolio if you are good a picking stocks. You can buy fraction of shares now. Chaos and confusing math can not be part of the equation when trading.
I think SPWR has that similar "catalyst" like JKS does that would catapult SPWR into the 100%-200% gain + it also has the sector support & China's and Biden's blessing!