Sell Micron Calls

I’ll be quick because I’m on vacation in Texas. In Dallas on my way to Austin.

I just sold 20 Contracts of the Micron (MU) 5/26/17 $$29 Calls. I got 20¢ for a total premium of $400, but it’s only a 3 day option. It’s a Covered Call on previously owned stock so it’s a Risk Factor 1. Here’s the order:

Sell to Open 20 MU 5/26/17 $29 C @ 20¢ (+$400)

 

Steve

The Options Coach

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