Covered call on PG?

Procter & Gamble Company (The) (NYSE:PG)

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NYSE:PG Procter & Gamble Company (The)

trendanalysis coveredcall pg reallifetrading

I don't personally have any position on PG, but if I did, with it being here at the all time high, HUGE resistance, if I sold at an all time high, I wouldn't cry about it. Could ALWAYS buy back again later, at a lower price.

Regular Sep covered calls

Commento:

One could buy to close this covered call today for .04 and realize a 'free' .18 not including commissions, which isn't bad ON PG - almost like a free dividend

Thanks for helping us Enrich Lives!

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