Sat, May 25, 2013, 3:03 AM EDT - U.S. Markets closed
Do you think writing some Nov $41 covered calls is a good strategy right now?
JimmyJames.ca | Model Women Photography
Since the premiums on the options are so good I'm writing calls three strikes out of the money and still pocketing a nice bit of change. I get the cash and I don't lose the stock at expiration date.
$41 would net you some nice premiums but you'd risk losing the stock. Unless you're not concerned about it being called away.
Sentiment: Strong Buy