11 September, 2022 seen 1,526Deribit is my latest discovery from the crazy crypto world. It all started with simple buy-and-hold operations back in…
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