I own 1000 shares of Advanced Micro Devices (AMD). A few minutes ago I sold 10 contracts of the 4/26/19 $29 Calls. I received a premium of 30¢ for $300.
Sell to Open 10 AMD 4/26/19 $29.00 C @ 30¢ (+$300)
It’s not a huge trade but it’s bringing me in $300 on a stock at $28.05. That’s a 1% return for a 1 week trade. As you know, if I can bring in 1% on a 1 week trade I’m happy. Slow and steady, steady and slow!
This is the 3rd Call I sold on these shares. I hope I can keep the premiums coming in. Get rich slow!
Steve
The Options Coach