(02-27-2019, 01:31 AM)crimsonghost747 Wrote: A more regular trade: covered call play with WBA
Went in at $71.36. Sold a $72 call for 8th of March.
The plan here is just a quick monthly check, (or a couple weeks), rinse and repeat with solid companies you are OK with holding if they dip? I've been busy with my build a port plan but I have done what you are doing on occasion. I like just a little more upside potential though, unless I really love the stock.
Here is how you screw this up. Do it with about four volatile companies in the same sector. If you don't have the cash then just use some margin because we need to get rich this month before it's too late lol. I did something like this when I was a kid during the tech bubble. I still have nightmares.
