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The Procter & Gamble Company Message Board

  • follansdave follansdave Nov 8, 2012 7:57 PM Flag

    If you sold covered calls @ $70 for January when the stock was at 70...

    Good day to buy them back today. Significant gain in one month, Bought some back today and holding on to the rest.
    Like the stock but it continues to dwell withing a trading range which encourages selling covered calls from time to time and buying them back later.
    I have had a few called away but not many.
    Also sold some longer calls at 72 1/2 and 75 which are now showing significant gains - waiting on those for now.
    I remain a long-term long in PG but almost never 100% long. Good luck.

75.94+1.10(+1.47%)Dec 1 4:00 PMEST