Sold 40% of my PFE today. Probably continue sell covered calls on the rest. It was a core holding the past year, and I've owned some for well over 20 years. The income has been great the past year because I sell puts and calls on it constantly, but going forward I just don't see enough capital appreciation potential compared to BMY and JNJ I have been adding to on dips. My JNJ position was small because I dumped most of it on the earnings run to 172. First time I really dumped JNJ in 25 years. Didn't feel right to stay that way. PFE will probably run now. It might even be a good entry here soon but I will never buy PFE again unless it is crushed.
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