AT&T Inc (T)

[leftovers]

I sold premium on 6 T 28 dollar Put contracts for next Friday October 23 expiration for .52. If I get assigned I will own 27.5 shares if not I got my dividend (premium) without owning the shares.

Since earnings comes out on 10/22 there was good premium available. This is all I do anymore in a strategy called the wheel. sell puts on the weeklies until I get assigned then sell calls until I get called! Round and Round I go and this year running a 35% return!

Cheers Mate