Advanced Micro Devices Inc (AMD)

[JLS]

Can't complain so far.

Or I could ... If I were more patient to sell the Calls after buying the stock, I could make quite a bit more. The price of the Calls I sold this morning are now selling for about 60% more than I got this morning. Sheesh! Sure didn't expect that when I entered the trade.

Friday's profit is locked in at this point, at 2.43% for the week. That's an annual rate of gain of over 100% without the benefit of compounding.

So, to be greedy, maybe a little loss of time value going into expiration, along with a little pullback of the stock, would allow me to modify the trade to gain a little more by the end of Friday. Not likely.

But that's OK as an assignment over the weekend guarantees a chance to start everything over next Monday from a higher level, and that's what it's all about.