Sold More CREE Calls

A few days ago I bought 1000 shares of Cree (CREE) at $121.50 and sold a 10 $122 Call expiring today at the close. I will not get assigned on this Covered Call.

I just sold another 10 contracts to expire next Friday. I sold 10 CREE 3/5/21 $23 Calls for a premium of $1.50 for $1500.

Sell to Open 10 CREE 3/5/21 $123.00 C @ $1.50 (+$1500)

This Covered Call trade gets a Risk Factor 1.

Successful trading,

Steve

The Options Coach