roll forward

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…

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…

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…

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…

Roll Forward BCS NOV 20 '20 6 2x Covered Call Options 0.05 USD (6.58% potential income in 122 days / 19.61% annualized)

BCS roll forwardBank stocks
On September 24, 2020, we roll forwarded 2 covered calls of BCS stock - a position originally established on July 21, 2020. BCS stands for Barclays PLC - London headquartered multinational bank holding company - Barclays plc is a British multinational investment bank and financial services company, headquartered in London, England. Apart from investment banking, Barclays is organized into four core businesses: personal banking, corporate banking, wealth management, and investment management…

Roll Forward PBCT NOV 20 '20 12 Covered Call Option 0.09 USD (6.71% potential income in 112 days / 21.80% annualized)

PBCT roll forwardBank stocks
On September 23, 2020, we roll forwarded 1 covered call on PBCT stock - a position originally established on July 31, 2020, with buying 100 shares of PBCT paying $11.4 per share and simultaneously sold $12.00 strike price covered call. For today’s trade, we got a small $9 premium (before commissions). As PBCT is part of our dividend portfolio, we are happy for any bits, even if these bits are coming from two-month long options contracts. PBCT stands for People's United Financial, Inc. an…

Roll Forward and Down TWO OCT 16 '20 5 2x Covered Call Options 0.17 USD (6.57% potential income in 129 days / 18.52% annualized)

TWO roll downroll forward
On September 23, 2020, we roll forwarded and rolled down 2 covered calls on TWO stock - a position originally established on June 9, 2020, with the strike prices at $7. With the market tanked we were not able to get any options premium with the strike prices $7 or $6 and because we are trading on margin, it was agreed to roll down this covered call to the strike price at $5.   With the current share price hovering around $5 we are risking to miss a dividend (ex-date September 30), as our…

Roll Forward TLRY OCT 30 '20 7 Covered Call Option 0.10 USD (8.17% potential income in 86 days / 34.64% annualized)

TLRY roll forward
On September 22, 2020, we roll forward 1 covered call on TLRY stock  - a position originally established at the last week of August (Covered Call on TLRY - Potential income return 5.85% in 30 days), but started as a credit spread at the start of August, see: Credit Spread on TLRY – 4.74% potential return in 23 days 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…

Roll Forward and Roll Down Bank of America (BAC) OCT 16 '20 28 Covered Call Option 0.10 USD (1.41% potential income in 129 days / 3.95% annualized)

BAC roll forwardBank stocks
On September 22, 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 #30 in the month of September, according to our trading plan for this month, the…

Roll Forward 2 Covered Calls on CRBP - Potential income return 18.15% in 35 days (189.12% annualized)

CRBP roll forward
On September 21, 2020, we roll forwarded 2 covered calls on CRBP stock with expiry on October 16, 2020. For this trade, we got a $45.2 premium (after commissions). Corbus Pharmaceuticals Holdings, Inc. is a Phase 3 clinical-stage pharmaceutical company focused on the development and commercialization of novel therapeutics to treat inflammatory and fibrotic diseases by leveraging its pipeline of rationally designed, endocannabinoid system-targeting drug candidate This trade comes as the #28 in…

Roll Forward TLRY SEP 18 '20 7 Covered Call Option 0.11 USD (7.08% potential income in 44 days)

TLRY roll forwardcannabis stocks
On September 4, 2020, we roll forward 1 covered call on TLRY stock  - a position originally established at the last week of August (Covered Call on TLRY - Potential income return 5.85% in 30 days), but started as a credit spread at the start of August, see: Credit Spread on TLRY – 4.74% potential return in 23 days 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…

Roll Forward and Roll UP BAC SEP 18 '20 29 Covered Call Option 0.13 USD (4.83% potential income in 105 days)

BAC roll uproll forwardBank stocks
On August 28, 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 $13 (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 TWO SEP 18 '20 6 2x Covered Calls 0.1 USD (19.9% potential income in 99 days)

TWO monthly optionsroll forward
On August 24, 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 $20 (before commissions) This trade comes as the #49 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes us just 2.02% from our $750 monthly goal, while in total…

Roll Forward NRZ SEP 18 '20 8 Covered Call Option 0.30 USD (8.89% potential income in 45 days)

NRZ monthly optionsroll forward
On August 21, 2020 we roll forwarded 1 covered call on NRZ stock  - a position originally established on August 4, 2020 with buying 100 shares of NRZ paying $7.78 per share and simultaneously sold $8.00 strike price covered call. See: Covered Call on NRZ - Potential income return 5.34% in 17 days This trade comes as the #44 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 3.68% from our $750 monthly goal, while…

Roll Forward SDC SEP 11 '20 9.5 Covered Call Option 0.16 USD (23.98% potential income in 97 days)

SDC roll forward
On August 14, 2020 we roll forward 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 #33 in the month of…