I bought 1000 shares of Weight Watchers (WTW) at $45.50 on 10/17/17 while doing a Buy-Write. I was not assigned on that Covered Call. Today I got opportunity to sell another Call. I sold 10 WTW 11/3/17 $45.50 Calls for a premium of 50¢ for $500. I really hope to get assigned so I can get rid of some of my stock holdings. This trade is a Covered Call on previously own stock so it gets a Risk Factor 1.
Sell to Open 10 WTW 11/3/17 $45.50 C @ 50¢ (+$500)
John, The Real Money Man, just wrote another article. It’s under “Precious Metals & Real Money News” in the menu bar. The name of the article is Precious Metals, Cryptocurrencies and Blockchain Technology. Please check it out. John is a fantastic, knowledgeable writer. If you are into precious metals, or getting into cryptocurrencies, you will enjoy.
Steve
The Options Coach