There's a few traders in shares on this one, that have been in since AROUND March.
We did a $32.50 coveredcall over earnings (for August) at $32.50 and I was able to buy to cover yesterday so a nice realized gain on the covered call sale it self.
From here, I'm going to do the exact same strike. :-) 100 SMA on weekly is a big resistance. I won't BTC this one. Just going to let it do it's thing. If I get called away, it will be for about .7R TOTAL (which is much better than the loss I did have...)
JN
We did a $32.50 coveredcall over earnings (for August) at $32.50 and I was able to buy to cover yesterday so a nice realized gain on the covered call sale it self.
From here, I'm going to do the exact same strike. :-) 100 SMA on weekly is a big resistance. I won't BTC this one. Just going to let it do it's thing. If I get called away, it will be for about .7R TOTAL (which is much better than the loss I did have...)
JN
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This covered call will expire worthless today : )
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