Sold 15 Covered Calls on WPC with a strike price of 60 for expiration date of January 2025 and a premium received of $3.20 per share. I can just sit on my hands and receive the dividend and enjoy the premium and will make money on this trade. Or, more likely I will look for a chance to buy back the Covered Calls for at least 10% less than what I got paid for selling them and then sell them again as time goes by. Maybe many times. Other trades this morning: Bought back: FUTU 8 Cash Covered Puts, MRK 4 Calls and MCD 1 Call.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.