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VLO +$1,300 in Premium +$300 in Capital Appreciation

Kevin Hamilton

This position on VLO is interesting. Below are all of my trades this year showing the profit of 1300 in premium and 300 in current share value for a total of $1,600 on roughly $,1800 capital requirement for the short puts and $3,000 requirement for the covered call. The return is pretty impressive and of course is also fueled by the skyrocketing IV from when Trump announced tariffs.