#51 Selling Covered Call: NRZ JAN 17 '20 16 Call @0.17

Updated: 23 December, 2019 seen 27

On August 5, 2019, I sold the following covered call selling: NRZ JAN 17 '20 16 Call @0.17

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

Got for this trade a premium of $17, but I will be obligated to sell 100 shares of NRZ if the price will go up to $16 USD per share by JAN 17, 2019. 

Break-even price: $16.17