Buy 100 Shares P @ 11.64
Sell 1 Feb 19th 12 Call
Entire Package: 10.36 debit (10.36/share)
Max Profit: $164/contract (if called away at 12/15.8% ROC)
Sell 1 Feb 19th 12 Call
Entire Package: 10.36 debit (10.36/share)
Max Profit: $164/contract (if called away at 12/15.8% ROC)
Commento:
This caught my eye late in the day, so I didn't get a fill. Will try again tomorrow ... .
Commento:
Glad I didn't get filled before; got in at a better price today: filled for 10.13.
Commento:
As with my covered call in USO, I rolled my short strike down to the 10 for .51 credit.