#20 Covered Call Sell: WPG OCT 18'19 5 @0.1

Updated: 23 December, 2019 seen 24

On June 4th, 2019, I sold the following covered call -  WPG OCT 18'19 5 @0.1

Got for this trade a premium of $10, but I will be obligated to sell 100 shares of WPG if the strike price will be $5 and more per share by OCT 18, 2019. 

WPG has been in our portfolio since the end of the 2018 Latest Stock Buy For Child Investment Portfolio: WPG

WPG is experiencing a hard time now, the value for share is dropping fast, some even call it a rotten egg (4 Rotten REIT Eggs Your Basket Doesn't Need)

Break-even price: $5.10

This latest covered call also gives 4% yield annually.

Let's see how things will develop with WPG in the future.