Intel over $21!!!
Sold 1/5 position 12/18 $22 calls for $.29
If stock called away at $22 that is 10% gain on $20 cost basis stock plus over 1% cov call profit.
More likely - stock will retest 200dma around $20.70. If this occurs should be able to take profits on this position (maybe 1%) and consider selling puts at that time.
No comments:
Post a Comment