Latest Stock Buy: 30 shares of American Well (NYSE: AMWL) at $32.60 per share

Updated: 18 May, 2021 seen 16

On February 12, 2021, I bought an additional 30 shares of  American Well (NYSE: AMWL) paying $32.60 per share for our Partnership Fund.

We are now holding 60 shares of AMWL in our Partnership Fund portfolio

Using dollar-cost averaging our average cost per one AMWL share is $31.26

40 shares to go once we will be able to start selling covered calls and generate extra income from AMWL. We are looking to get there by March 2021

If we had 100 shares of AMWL today, we could sell Marchy 19, 2021, covered call (monthly options) with a strike price of $35, to get a $1.30  premium. In case our shares would get called away on expiry we would realize $504 income in about  30 days, that's a potential return of 16.12%

By now AMWL takes4.03% from our total US stock portfolio.

About AMWL

Amwell, formerly known as American Well, is a telemedicine company based in Boston, Massachusetts, that connects patients with doctors over secure video


Hi! My name is Reinis Fischer (38), a proud dad and devoted husband. CEO and Founder of Terramatris crypto hedge fund, drone enthusiast, world traveler, photographer, and passionate lover of Georgian cuisine (vegetarian).

An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.