I have to say at the outset that opening a covered call trade today felt uncomfortable. For me, it feels like the stock market has had an excellent run and is about to roll over. That being said, as a systematic trader I have to follow my processes. Today, I bought...

I had eight covered call trades for which the call options expired yesterday and six of the stocks closed higher than the strike price so those stocks will be assigned to the holders of the calls. For the two stocks that closed below the strike, one was FTCH and it...

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%.

Today, I opened a fairly short duration ITM covered call trade by buying shares of AMD and then selling Apr-23 $77.00 calls for $3.60. This trade has a roughly 76% probability of generating an annualized return of 38%. If you look at the Earnings Date in the table...

American Tower Today, with no surprise to me, my American Tower shares were assigned early as the holder of the calls wanted to capture the dividend and today the shares went ex-dividend. Shares of AMT closed on Friday at $239.15 which represents an 18.2% increase in...

Shares of internet retailer Farfetch appeared on my radar this afternoon and I opened a trade by purchasing shares at $51.95 and immediately selling ITM Apr-16 $50.00 calls for $3.30 which will provide an annualized return of 97% if the shares are assigned to the...

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...

Yesterday, near the end of the trading session I opened covered call trades in CVS and Merck as both stocks passed one of my screens. I sold Apr-30 $74.50 CVS calls which could provide an annualized return greater than 30% when the $0.50 dividend is included. CVS goes...

Today, I had naked Peloton puts expire as well as covered calls in Gilead, Merck and Barrick Gold. Peloton closed profitably with the share price 12% above the strike. Likewise, my Gilead and Merck covered call trades were profitable with the share prices closing...

Comcast has passed one of my covered call screeners for the past few days so I pulled the trigger this afternoon and purchased shares followed by immediately selling Apr-16 $55.00 ITM calls for $0.96/ea. If the shares are assigned on April 16 to the holder of the...