Hello!
This week, I sold call options to make $187. What would you do with $185 extra this week?
To be clear, this is not investment advice, and I don’t actually suggest you do what I do. I just suggest you learn about it and see what it could be for you!
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I sold 11 calls of for $.015 each at a strike price of $10. A little lower than I wanted. Next week is earnings week, so if I keep these, I won’t sell calls on this next week. I made 1.5% return on this on this trade.
My basis in is $10.
My Adjusted Basis for is $8.55.
I sold 2 calls of for $.11 each at a strike price of $7. This is what I bought them at last week (on a put assignment).
My basis in is $7. I made 1.57% return on this trade.
My Adjusted Basis for is $6.55