Covered Calls

Roll Forward and Roll UP BAC AUG 28 '20 28.5 Covered Call Option 0.10 USD (2.82% potential income in 84 days)

BAC roll forwardroll upmonthly optionsbank
On August 3, 2020, we roll forward and roll up 1 covered call on BAC stock  - a position originally established at the start of June with the strike price of $29.00, see: Covered Call on BAC - Potential income return 3.52% in 5 days. For this roll forward covered call we got an additional $10 (before commissions).  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…

Roll Forward and Down INGA AUG 7 '20 6.3 Covered Call Option 0.03 EUR (1.79% potential income in 53 days)

AMS:INGA roll downroll forwarddutch stocksBank stocks
On August 3, 2020, we roll forward and roll down 1 covered call on INGA (Amsterdam) stock  - a position originally on June 16, 2020 with the strike price of EUR 6.7, see: Covered Call on INGA - Potential income return 4.83% in 3 days  For this roll forward covered call we get an additional EUR 3 (before commissions) This trade comes as the #1 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes us about 0.29% from our $750…

Roll Forward F AUG 14 '20 7 Covered Call Option 0.09 USD (8.31% potential income in 65 days)

F bi-weekly optionsroll forward
On July 31, 2020, we roll forwarded 1 covered call on F stock  - a position originally established on June 10, 2020 with the strike price of $7, see: Covered Call on F stock - Potential income return 3.1% in 2 days This trade comes as the #43 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade makes us about 0.94% from our $700 monthly goal, while in total we have already reached 124.80% from our monthly goal This is already the fourth…

Covered Call on PBCT - Potential income return 5.92% in 21 days

PBCT Bank stocksmonthly optionsdividend stocks
On July 31, 2020, we sold 1 covered call on PBCT stock expiring on August 21, 2020. For this trade, we got a $10 premium (before commissions).  This trade comes as the #42 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade setup makes us about 1.08% from our $700 monthly goal, while in total we have already reached 123.86% from our monthly goal. PBCT stands for People's United Financial, Inc. an American bank holding company that owns…

Roll Forward SDC AUG 14 '20 9.5 Covered Call Option 0.47 USD (22.44% potential income in 69 days)

SDC bi-weekly optionsteledentistryroll forwardroll up
On July 31, 2020 we roll forward and roll up 1 covered call on SDC stock  - a position originally established on June 5, 2020 with buying 100 shares with SDC paying $8.83 per share and simultaneously sold $9.00 strike price covered call. See: Covered Call on SDC - Potential income return 6.45% in 7 days SDC stands for SmileDirectClub - a teledentistry company listed on Nasdaq. According to Google, it has a market capitalization of some 2.9 bln. Impressive. This trade comes as the #41 in the…

Covered Call on BCS - Potential income return 5.05% in 31 days

BCS Bank stocksUK stocksmonthly options
On July 21, 2020, we sold 1 covered call on BCS stock expiry on August 21, 2020. For this trade, we got a $30 premium (before commissions).  This trade comes as the #25 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade setup makes us about 3.94% from our $700 monthly goal, while in total we have already reached 82.37% from our monthly goal. BCS stands for Barclays PLC - London headquartered multinationl bank holding company - …

Roll Forward TWO AUG 21 '20 5 2x Covered Calls 0.15 USD (18.79% potential income in 74 days)

TWO roll forwardmonthly options
On July 20, 2020 we roll forwarded 2 covered calls on TWO stock  - a position established on June 9, 2020 with the strike prices at $7, see: Sold 2 Covered Calls on TWO stock - Potential income return 30.7% in 10 days For this roll forward we got an additional $27 (before commissions) This trade comes as the #24 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade setup makes us about 3.51% from our $700 monthly goal, while in total we…

Roll Forward SDC JUL 31 '20 9 Covered Call Option 0.29 USD (11.73% potential income in 55 days)

SDC roll forwardbi-weekly options
On July 17, 2020 we roll forwarded 1 covered call on SDC stock  - a position originally established at the start of June with the strike price of $9.00, see: Covered Call on SDC - Potential income return 6.45% in 7 days. For this roll forward covered call we got an additional $29 (before commissions) SDC stands for SmileDirectClub - a teledentistry company listed on Nasdaq. According to Google, it has a market capitalization of some 2.9 bln. Impressive. This trade comes as the #19 in the…

Roll Forward INGA JUL 31 '20 6.7 Covered Call Option 0.16 EUR (7.78% potential income in 45 days)

AMS:INGA dutch stocksroll forward
On July 17, 2020, we roll forwarded 1 covered call on INGA (Amsterdam) stock  - a position originally on June 16, 2020 with the strike price of EUR 6.7, see: Covered Call on INGA - Potential income return 4.83% in 3 days  For this roll forward covered call we got an additional EUR 16 (before commissions) This trade comes as the #18 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade makes us about 2.28% from our $700 monthly goal, while…

Roll Forward INGA JUL 17 '20 6.7 Covered Call Option 0.13 EUR (5.5% potential income in 31 days)

AMS:INGA Netherlandsroll forward
On July 3, 2020, we roll forwarded 1 covered call on INGA (Amsterdam) stock  - a position originally on June 16, 2020 with the strike price of EUR 6.7, see: Covered Call on INGA - Potential income return 4.83% in 3 days  For this roll forward covered call we got an additional EUR 13 (before commissions) This trade comes as the #6 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade makes us about 1.74% from our $700 monthly goal, while…

Roll Forward SPCE JUL 10 '20 17 Covered Call Option 0.48 USD (16.79% potential income in 35 days)

SPCE roll forward
On July 2, 2020, we rolled forward1 covered call on SPCE stock  - a position originally established on June 5, 2010, see: Covered Call on SPCE - Potential income return 7.2% in 7 days. For this roll forward an additional $48 (before commissions) This trade comes as the #5 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade makes us about 6.51% from our $700 monthly goal, while in total we have already reached 20.71% from our monthly…

Roll Forward F JUL 31 '20 7 Covered Call Option 0.15 USD (7.5% potential income in 51 days)

F roll forwardmonthly options
On July 2, 2020, we roll forwarded 1 covered call on F stock  - a position originally established on June 10, 2020 with the strike price of $7, see: Covered Call on F stock - Potential income return 3.1% in 2 days This trade comes as the #3 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade makes us about 1.8% from our $700 monthly goal, while in total we have already reached 7.4% from our monthly goal in the first two days of July. …

Roll Forward and Roll Down BAC JUL 31 '20 28 Covered Call Option 0.19 USD (0.76% potential income in 52 days)

BAC roll forwardroll down
On July 1, 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, see: Covered Call on BAC - Potential income return 3.52% in 5 days. For this roll forward covered call we got an additional $19 (before commissions).  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…

Roll Forward and Roll Up SPCE JUL 02 '20 17 Covered Call Option 0.27 USD (14.34% potential income in 27 days)

SPCE roll forwardroll upweekly options
On June 25, 2020, we rolled forward and up 1 covered call on SPCE stock  - a position originally established on June 5, 2010, see: Covered Call on SPCE - Potential income return 7.2% in 7 days. For this roll forward and roll up call we got an additional $27 (before commissions) As SPCE was trading below our strike price on the expiry date, we just roll forward to the next week's expiry. By "sacrificing" some mere $7 we rolled up our strike price from $16.5 to $17. In case our shares will get…

Roll Forward and Down TWO JUL 17 '20 5 2x Covered Calls 0.15 USD (17.02% potential income in 38 days)

TWO roll forwardroll downmonthly options
On June 25, 2020 we roll forwarded  and rolled down 2 covered calls on TWO stock  - a position established on June 9, 2020 with the strike prices at $7, see: Sold 2 Covered Calls on TWO stock - Potential income return 30.7% in 10 days For this roll forward we got an additional $30 (before commissions) As TWO was trading below our strike price on the expiry date, we just roll forward and down (strike) to the next closest expiry in July. Unfortunately, or for luck,  TWO has only monthly options…