On August 5, 2019, I sold the following covered call - PEI JAN 17'20 6 @0.4
This was already fifth-second (#52) 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 $40, but I will be obligated to sell 100 shares of PEI if the strike price will be $6 and more per share by Jan 17, 2020
Break-even price: $6.4
