that way, you bring in additional income on top of the quarterly dividends, while waiting for this to finally do something. I keep selling the $10/calls each month - not a bad gig.
Really?The May $10 calls are going for 0.10 to 0.15.$100 to $150 minus option commission per 1000 shares doesn't sound that great.The Oct $10 last is 0.30. There you are getting $300 before commissions for every 1000.Doesn't excite me much.
What is the premium on the $10 calls, around $.05? I dunno how reliable yahoo's call option page is.
you need to look at May or Jun calls. also, you need to wait for the underlying stock to inflate a bit before selling the calls. I was going to sell some this morning when the stock was up, but it dropped back down too quick for me to act.