Teva Pharmaceutical Industries Ltd (TEVA)

[JLS]

As TEVA shares are backing down,

there's no guarantee the $8 Calls I sold on Monday get assigned at the end of the week.

If assigned, I'll reload shares relatively soon then write more Calls. If not assigned, I'll write next week's Calls when appropriate.

Either way, gains add up every buy/write cycle on a compounding basis as more shares can be bought after each assignment (or outright sale).