Covered Call Trade Initiated with Morgan Stanley (MS)

by | Apr 17, 2021 | Covered Calls

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Yesterday, I purchased shares of Morgan Stanley and immediately sold ITM May-21 $77.50 calls for $2.70. With the expected April 29 dividend of $0.35, if the shares are assigned at the call expiry date then this trade will generate an annualized return of 33%.

Morgan Stanley Covered Call

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