On July 17, 2020, our 300 shares of BCRX were called away at the strike price of $5
We started this trade back on June 1, 2020 (Covered Call on BCRX - Potential income return 19.08% in 18 days) and rolled up and double on June 19 (Roll Forward and Double Up 3 Covered Calls on BCRX stock - Potential Income Return 25.75% in 47 days)
This is yet another good example of how covered calls help generate income. We closed this trade with $116 collected in premiums plus we realized a value gain of $215 Total $331 or 25.75% return 47 days. Nice.
- Running Total 12 Trades since April 30, 2020
- Options Income $383
Just shorthly before our shares get called away, we sold 3 naked puts on BCRX with next month expiry, see: Sold 3 Naked Puts on BCRX - Potential income return 10.65% in 35 days