BOUGHT PGNX COVERED CALL

Did this little fella shortly after open ... . It popped up on Dough's High Options Volume Grid with a rank of 100 and an implied volatility percentage of >100%.

Bought 100 Shares at 5.31
Sold the August 19th 6 call
Whole Package: $463 (so 4.63/share is my cost basis in the stock)
Max Profit: $137 if called away at $6 ... .

Notes: Most people use covered calls as part of a longer-term investment strategy for underlyings that they want to be in as "investments." Naturally, you can do that, too, but here I'm just looking at this as a "trade" while I twiddle my thumbs, waiting for VIX to show some signs of life for my usual bread and butter trades ... .

Not

Down 3.78% during regular market hours; up 36% to 6.75 AH on approval of opiod-induced constipation drug.

İşlem elle kapatılmış

When the market gives you 20% in one day, well, you take it ... . Here's the chain:

Opening: Bought for a 4.63 debit ($463)
Closing: Bought 6 short call for .70 debit ($70)
Closing: Sold 100 shares at 6.26 credit ($626)

6.26 cr - 4.63 db -.70 db = .93 credit/100 shares ($93) or 20% ROC

NaughtyPines

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

NaughtyPines