Wednesday, September 26, 2012

CSCO - Trying Those Covered Calls.....Again

As discussed here , CCI just harvested some covered call option premium on CSCO.

With CSCO falling the past few days, we are back in. This time we were able to sell the $19 Oct covered call for $.30 on Tues.  Since then, CSCO has continued to fall and the option is now in the money.  A little more of a drop in the stock price and/or time decay and it will be time to harvest this gain.

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