Last week I sold a Covered Call on Tripadviser (TRIP). As soon as I did the stock took a dip and I wasn’t assigned. I kept the premium and I also kept the stock. Today I sold another 10 contract Call. I sold 10 TRIP 7/28/17 $39.50 Calls for another premium of 40¢. Last week I brought in $400 and this week another $400. This premium is just over 1%. This trade is a Covered Call on previously owned stock so it gets a Risk Factor 1.
Sell to Open 10 TRIP 7/28/17 $39.50 C @ 40¢ (+$400)
Steve
The Options Coach