Monday, August 11, 2014

AugWk3 2014

Sell MO Aug14 42CALL = $0.28 x 200 shares = $56
Income collected for AugWk314 dated is $56.


Current holding is 15 ARO, 4 KO, 1 VALE, 2 ESI, 2 MO

I had found out that when stocks are being assigned, theres a comm fee of $9.90, so minimum for the premium must be more than $0.10 for it to be a profit. The good part about weekly is that chances of getting assigned is higher and if you get assigned and sell call at next higher strike price, its is more worth it.. 

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