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Pfizer Inc. Message Board

  • fizrwinnr11 fizrwinnr11 Oct 18, 2012 11:46 AM Flag

    Starting to roll out Nov 25-strike covered calls - doing the sell side first

    With the stock back in STONEWALL nosebleed territory at RSI 76 with the stock at $26.00, I sold 65 of the Dec. 25-strike covered calls for $117 apiece. After commissions, that put $7,560 into the account. When the stock gives up some ground, I'll buy back an equal number of Nov. 25-strike covered calls as well as some Nov. 24-strike covered calls.

    These days, I take advantage of all Pfizer moves into stonewall nosebleed territory above RSI 75 as the odds are greatly in my favor.

    10/18/2012 11:35:41 Sold 10 PFE Dec 22 2012 25.0 Call @ 1.17 1,157.30
    10/18/2012 11:35:41 Sold 10 PFE Dec 22 2012 25.0 Call @ 1.17 1,164.30
    10/18/2012 11:35:41 Sold 12 PFE Dec 22 2012 25.0 Call @ 1.17 1,397.15
    10/18/2012 11:38:58 Sold 33 PFE Dec 22 2012 25.0 Call @ 1.17 3,842.19

    Sentiment: Buy

 
PFE
35.27+0.23(+0.65%)Apr 24 4:00 PMEDT