On June 1st, 2019, I sold the following covered call - ET JAN 17'20 15 @0.71
I'm continuing to sell covered calls on ET, this time I decided to go with a shorter timeframe (229 days) to collect the larger premium and boost total option income for June.
Got for this trade a premium of $71, but I will be obligated to sell 100 shares of ET if the strike price will be $15 and more per share by JAN 17, 2020.
Break-even price: $15.71
This latest covered call also gives 7.32% yield annually
On October 5th, 2023, I sold one covered call option for Terramatris Crypto hedge fund on Ethereum, using perpetual future as collateral. I bought 1 ETH future at $1,636.89 and simultaneously sold 1 call option with a strike price of $1,…
If 2017 I spent learning a lot about crypto investments, starting a simple buy and hold, swing trading, lending on Poloniex.com, and even building a custom Ethereum mining rig. 2018 was more about high-yielding US stocks. Seems that for…
Covered call writing is a popular investment strategy used by many investors to generate income on their existing stock portfolio. Covered Call is also one of my favorite options trading strategies, together with writing cash-secured put…