Another Covered Call with DDD

I still think 3D Systems still has room to grow. I just bought another 300 shares at $37.50 and sold a 3 contract Call. I sold 3 DDD 6/25/21 $38 Calls for a premium of $1.75.

Buy 300 Shares DDD @ $37.50

Sell to Open 3 6/25/21 $38.00 C @ $1.75 (+$525)

I’ll always remember that I’m an options trader and not a buy and hold investor. I think DDD can be a nice hold but I like the premiums. This premium is a return of 4.6% for 3 days.

 

Successful trading,

Steve

The Options Coach

 

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