Filled on a 10 Contract Call with Cree

I’ve had an order placed all day to sell a Cree (CREE) Call. I was just filled.

I own 1000 shares of Cree at $121.50 and I just sold a 10 contract 4/9/21 $122 Call for a premium of $1 for $1000. When I was filled the stock was at $115.50. I would love to get assigned on this position.

 

Sell to Open 10 CREE 4/9/21 $122.00 C @ $1.00 (+$1000)

This is a Covered Call against previously owned stock so it gets a Risk Factor 1.

This could be my last trade of the week since I’m well over my $10,000 weekly goal. That’s for premiums only. If assigned on some positions the weekly income will go up. I do have plenty of money in my margin buying power so I might get another trade in. I look for a good Grasshopper Trade.

 

Successful trading,

Steve

The Options Coach