PEI

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…