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Re: jbog post# 13130

Monday, 02/23/2015 7:32:25 AM

Monday, February 23, 2015 7:32:25 AM

Post# of 20689
I used the recent surge to sell most of my deep ITM calls and lost most of my shares by writing covered calls at $13. Glad the stock finished at 13.01 on Op-Ex, so that the covered calls got exercised.

I think a covered call strategy for half the shares (if I can get back in below $12) is a good strategy, as the premiums are decent.