Income Trade on Teledoc (TDOC)

Tele-medicine is flying high since doctors and patients are using it to minimize the spread of Covid and shares of Teledoc (TDOC) have been surging since October 2019.

Shares currently trade around $109 and we are selling the March 2020 $75 Puts for $0.30 cents. We don't see the shares retreating to $75 so we will likely pocket the premium from the short Puts at expiration. Not a huge money maker, but still a decent low-risk option trade for a little income.