Pfizer Inc (PFE)

[GreedyAgorist]

Have a couple of covered calls expiring tomorrow. I sure did not expect them to be in danger of being out of the money come expiration. Indeed I was kicking myself for selling prematurely and cheaply soon after I sold them. This despite the fact that I have been selling covered calls all year and only once has PFE finished above the strike price on the day of assignment. This time I was sure would be the time they all got called away and I would be completely out of this stock. Now it is looking like I may end the year with even more shares.

Never underestimate the rule: buy on the rumor, sell on the fact. Turns out it still applied here; just might have been off on the timing a little.