Another trade on Enphase Energy

June 10, 2020 - 10:58 am

In mid-April we put on a quick trade for income potential on a short-term trade on Enphase Energy (ENPH), and we are going to do the same thing again. We've been share holders for 4 months now and we confirm our thesis on this stock and the company is performing well.  

We sold the ENPH July 2020 $30 Puts for $0.55 today, and we should let these Puts expire at $0 at expiration next month barring any unforeseen events.