#42 Call Sell: PEI JAN 17'20 7 @0.25

Updated: 23 December, 2019 seen 32

On July 19th, 2019, I sold the following covered call -  PEI JAN 17'20 7 @0.25

This was already forty-second (#42) options trade from my short options trader career. For now, it seems I've found my way in options trading - I'm selling puts against (high) dividend-paying stocks I already own or I would like to have. Also, I sell covered calls.

I have been selling puts and call on PEI stock since April 2019. So far, one of my best picks.

Got for this trade a premium of $w5, but I will be obligated to sell 100 shares of PEI if the strike price will be  $7 and more per share by JAN 17, 2020

Break-even price: $7.25