Earlier in the day I put in an order to sell 50 contracts of the Micron (MU) 11/18/16 $18 Calls for $.24 ($1200) and it was just executed. This is 50 contracts sold against 5000 shares of previously owned stock so I give this trade a Risk Factor of 1. Here’s the Order:
Sell to Open 50 MU 11/18/16 $18 C @ $.24 (+$1200)
Tomorrow is election day! Get out and vote!
Steve
The Options Coach