Today I purchased shares of healthcare firm Abbvie at $106.11 and immediately sold May-21 $110.00 calls for a premium of $1.68. This trade has the benefit of capturing the expected dividend of $1.30 but carries with it some potential risk associated with holding the position through an earnings report. As the call expiry date falls three weeks after the earnings report date, I am comfortable with the risk.
As you can see on my Open Trades page, I currently have 13 open covered call trades 4 of which are for stocks in the health care sector.
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