After Chevron and Gilead Sciences reported their quarterly earnings, the share prices of both companies fell. Chevron closed the Friday session down 3.6% and Gilead Sciences was down 0.6% but was lower earlier in the day. Those price declines plus a number of other factors led to both stocks passing one of my covered call screeners. As with my recent Bristol-Myers Squibb trade, I decided to buy shares and then evenly split sales of ITM and OTM calls.
My active trades can be viewed on my Open Trades page where you can see that I currently have covered call trades active on 9 stocks.
Chevron ITM Covered Call
Chevron OTM Covered Call
Gilead ITM Covered Call
Gilead OTM Covered Call
All the best in trading and in life.
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