#43 Call Sell: XIN JAN 17'20 5 Put @0.15

Updated: 23 December, 2019 seen 36

On July 19th, 2019, I sold the following covered call -  XIN JAN 17'20 5 Put @0.15

This was already forty-third (#43) 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.

Selling covered calls are what I really like - like there is little to no risk involved. 

Got for this trade a premium of $15, but I will be obligated to sell 100 shares of XIN if the price will go up to $5 USD per share by JAN 17, 2020. 

Break-even price: $5.15