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

Updated: 23 December, 2019 seen 38

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


Hi! My name is Reinis Fischer (38), a proud dad and devoted husband. CEO and Founder of Terramatris crypto hedge fund, drone enthusiast, world traveler, photographer, and passionate lover of Georgian cuisine (vegetarian).

An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.