Sold a 10 Contract Covered Call With Workhorse

I own a ton of stocks as a result of doing Covered Calls and not getting assigned. Some are in a good position to sell more Calls and some are not. A few minutes ago I sold Calls on AMD and I just sold Calls on Workhorse (WKHS). I bought 1000 shares of WKHS on 2/25 at $15.85. I’ve been selling Calls and I was just filled on another. I sold 10 WKHS 3/19/21 $17.50 Calls for a premium of $1 for $1000.

 

Sell to Open 10 WKHS 3/19/21 $17.50 C @ $1.00 (+$1000)

This trade gets a Risk Factor 1.

 

Successful trading,

Steve

The Options Coach