Closed Apple and Pinterest Covered Calls

On March 25, I closed my covered call trades with Apple and Pinterest one day prior to the expiry date. In both cases, the stock prices had fallen below the purchase price significantly enough that both trades produced losses. I did have the option to allow the calls...

Covered Call Trades on March 26 (HD, NEM, GILD)

Yesterday, I saw an opportunity to close my Home Depot Apr-16 $260.00 covered call trade early and achieve a higher annualized return than would be achieved if I held the calls until expiry so I closed the trade for an annualized return after commissions of 43.3%. The...

Covered Call Trade Opened With Vistra (VST)

With the share price of Texas-based power utility Vistra dropping by as much as 3.9% in today’s trading session, this stock passed one of my screens late in the afternoon and I opened an OTM covered call trade by purchasing shares at $16.74 and selling Apr-16 $17.00...

Two Covered Call Trades Closed on March 19

I had two covered call trades close on March 26 and both produced the maximum possible profit as both were initiated OTM and closed ITM. That is when the calls were sold the stock prices were below the strikes but when the calls expired the stock prices were above the...

Covered Call Trade With Shares of Walmart (WMT)

Walmart has been passing one of my covered call screens lately so today I purchased WMT shares at a price of $131.98 and shortly thereafter sold Apr-16 $135.00 calls at $2.42. There is an upcoming dividend of $0.55 per share with an ex-dividend date of March 18....