Covered Calls

Roll Forward and Roll Down Bank of America (BAC) NOV 27 '20 27.5 Covered Call Option 0.15 USD (0.11% potential income in 172 days / 0.23% annualized)

BAC roll forwardBank stocks
On October 19, 2020, we roll forward and roll down 1 covered call on BAC stock - a position originally established at the start of June with the strike price of $29.00 BAC is our "worst" investment as of now, we bought 100 shares at $28.67, and shortly after our buy BAC dipped to $23-$24 range, making it harder for us to get a decent options income, without sacrificing our strike prices. This trade comes as the #23 in the month of October, according to our trading plan for this month, the…

Covered Call on Call on Corbus Pharmaceuticals (NASDAQ:CRBP) - Potential income return 16.93% in 226 days (27.27% annualized)

CRBP biotech stocks
On October 19, 2020, we sold 1 covered call on CRBP stock expiring on April 16, 2021. For this trade, we got a $10 premium (before commissions). CRBP - a clinical-stage drug development company pioneering transformative medicines that target the endocannabinoid system This trade comes as the #22 in the month of October, according to our trading plan for this month, the premium generated from this trade makes us about 1.26% from our $600 monthly goal, while in total we have already reached 66.…

Roll Forward Covered Call on Corbus Pharmaceuticals (NASDAQ:CRBP) - Potential income return 28.2% in 232 days (44.27% annualized)

CRBP biotech stocks
On October 19, 2020, we roll forwarded 1 covered call on CRBP stock with expiry on April 16, 2020. For this trade, we got a small $7.6 premium (after commissions). This trade was originally established as a credit spread on August 27, we got assinged 100 shares on September 14, 2020 and since then we have been selling covered calls This trade comes as the #21 in the month of October, according to our trading plan for this month, the premium generated from this trade makes us about 1.26% from…

Roll Forward 2 Covered Calls on Corbus Pharmaceuticals (NASDAQ:CRBP) - Potential income return 20.24% in 127 days (58.08% annualized)

CRBP biotech stocks
On October 19, 2020, we roll forwarded 2 covered calls on CRBP stock with expiry on January 15, 2020. For this trade, we got a small $11.2 premium (after commissions). This trade was originally established on September 10, buying 200 shares with CRBP at $2.49 per share, see: Covered Call on CRBP - Potential income return 9.04% in 8 days. Since then we have rolled this trade once: Roll Forward 2 Covered Calls on CRBP - Potential income return 18.15% in 35 days (189.12% annualized) This trade…

Covered Call on BioCryst Pharmaceuticals (NASDAQ: BCRX) - Potential income return 16.5% in 63 days (95.59% annualized)

BCRX biotech stocksmonthly options
On October 16, 2020, we got assigned 400 shares with BCRX stock and sold 4 covered calls on this stock expiring on November 20, 2020. For this trade, we got a $142.40 premium (after commissions) This trade comes as the #19 in the month of October, according to our trading plan for this month, the premium generated from this trade makes us about 23.73% from our $600 monthly goal, while in total we have already reached 62.45% so far. BioCryst Pharmaceuticals, Inc. is an American pharmaceutical…

Covered Call on ING Groep (AMS:INGA) - Potential income return 7.21% in 74 days (35.56% annualized)

AMS:INGA bank
On October 16, 2020, we got assigned 100 shares with AMS:INGA stock and we sold 1 covered call on this stock expiring on November 20, 2020. For this trade, we got a EUR 13 premium (before commissions) This trade comes as the #18 in the month of October, according to our trading plan for this month, the premium generated from this trade makes us about 2.03% from our $600 monthly goal, while in total we have already reached 38.72% so far. here is our trade setup: SLD 1 INGA NOV 20 '20 6.8…

Roll Forward AMC Entertainment Holdings (NYSE:AMC) NOV 27 '20 5 Covered Call 0.17 USD (Potential income 10.76% in 91 days / 43.04% annualized)

AMC roll forward
On October 13, 2020, we roll forwarded 1 covered call on NYSE:AMC stock - a position originally established on September 25 2020, with buying 100 shares of AMC paying $5 per share and simultaneously selling $5 strike price covered call. This trade comes as the #15 in the month of October, according to our trading plan for this month, the premium generated from this trade makes us about 2.43% from our $600 monthly goal, while in total we have already reached 35.28% so far. AMC Entertainment…

Covered Call on ET - Potential income return 5.46% in 56 days (35.54% annualized)

ET natural gas
On October 9, 2020, we got assigned 100 shares with ET stock and we sold 1 covered call on this stock expiring on October 30, 2020. For this trade, we got a $20 premium (before commissions) This trade comes as the #10 in the month of October, according to our trading plan for this month, the premium generated from this trade makes us about 2.93% from our $600 monthly goal, while in total we have already reached 18.77% so far. here is our trade setup: SLD 1 ET OCT 30 '20 6 Call Option 0.20 …

Covered Call on AMC Entertainment Holdings (NYSE:AMC) - Potential income return 20.87% in 80 days / 95.21% annualized

AMC movie stocks
On October 9, 2020, we sold 1 covered call on AMC stock expiring on November 27, 2020. For this trade, we got a $14 premium (before commissions) This trade comes as the #9 in the month of October, according to our trading plan for this month, the premium generated from this trade makes us about 1.93% from our $600 monthly goal, while in total we have already reached 15.84% so far. AMC Entertainment Holdings, Inc. is an American movie theater chain headquartered in Leawood, Kansas, and the…

Sold 3 Covered Calls on Pennsylvania Real Estate Investment Trust (NYSE:PEI)

PEI
On October 5, 2020, we sold 3 covered calls on Pennsylvania Real Estate Investment Trust (NYSE:PEI) stock, with a long expiry date in April 16 2021. For this trade, we got a small $15 premium (before commissions) Pennsylvania Real Estate Investment Trust is a publicly-traded real estate investment trust that invests in shopping centers mostly in the Mid-Atlantic states. We have been holding PEI stocks in our portfolio since late 2018 or early 2019. Back then PEI was trading around $7 per…

Roll Forward and Roll Up Tilray (NASDAQ:TLRY) NOV 20 '20 7 Covered Call 0.16 USD Covered Call - Potential income return 14.05% in 93 days / 55.10% annualized

TLRY cannabis stocks
On October 2, 2020, we roll forward and roll up 1 covered call on NASDAQ:TLRY stock - a position originally established on August 17 2020, with buying 100 shares of TLRY paying $6.5 per share and simultaneously selling $6.5 strike price covered call. With TLRY stock tanking under $5 per share we decided to roll forward with expiry in November and roll up to leave a room for some nice profit, if the stock will recover. This trade comes as the #5 in the month of October, according to our …

Roll Forward AMC Entertainment Holdings (NYSE:AMC) OCT 16 '20 5 Covered Call 0.13 USD (Potential income 7.88% in 49 days / 58.69% annualized)

AMC roll forwardmovie stocks
On October 2, 2020, we roll forwarded 1 covered call on NYSE:AMC stock - a position originally established on September 25 2020, with buying 100 shares of AMC paying $5 per share and simultaneously selling $5 strike price covered call. This trade comes as the #4 in the month of October, according to our trading plan for this month, the premium generated from this trade makes us about 1.76% from our $600 monthly goal, while in total we have already reached 8.27% so far. AMC Entertainment…

Covered Call on Tilray (NASDAQ:TLRY) - Potential income return 6.5% in 50 days / 47.45% annualized

TLRY cannabis stocks
On October 2, 2020, we sold 1 covered call on TLRY stock expiring on October 23, 2020. For this trade, we got a $14 premium (before commissions) Tilray is a Canadian pharmaceutical and cannabis company, incorporated in the United States with primary operations headquartered in Toronto, Ontario. Tilray also has operations in Australia, New Zealand, Germany, Portugal, and Latin America This trade comes as the #3 in the month of October, according to our trading plan for this month, the premium…

Roll Forward Deutsche Bank (FRA:DBK) OCT 16 '20 7.4 Covered Call 0.17 EUR (Potential income 4.67% in 25 days / 68.18% annualized)

FRA:DBK Bank stocksGermany stocks
On October 2, 2020 we roll forwarded 1 covered call on Deutsche Bank (FRA:DBK) stock - a position originally established on September 21, 2020. Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed in New York Stock Exchange and Frankfurt Stock Exchange. The bank's network spans 58 countries with a large presence in Europe, the Americas and Asia This trade comes as the #2 in the month of October,…

Roll Forward Royal Dutch Shell (AMS:RDSA) NOV 20 '20 12 Covered Call 0.12 EUR (Potential income 1.75% in 63 days / 10.13% annualized)

AMS:RDSA roll forwarddutch stocks
On October 2, 2020 we roll forwarded 1 covered call on Royal Dutch Shell (AMS:RDSA) stock - a position originally established on September 18, 2020. Royal Dutch Shell PLC, commonly known as Shell, is a British-Dutch multinational oil and gas company headquartered in the Netherlands and incorporated in England. This trade comes as the #1 in the month of October, according to our trading plan for this month, the premium generated from this trade makes us about 1.86% from our $600 monthly goal…