Sold Micron Call

This is the 6th week in a row that I sold a Micron Call against the shares I’m holding. These shares that I bought on 6/30/20 are becoming a real cash cow. Each week I brought in at least a 1% return.

I couldn’t get a Call sold yesterday but today the stock is up. I sold 10 contracts of the 8/7/20 $52 Call for a premium of 50¢.

8/4/20 – Sell to Open 10 MU 8/7/20 $52.00 C @ 50¢ (+$500)

Micron is a very good stock. This Covered Call gets a Risk Factor 1.

My account is growing, and I like the way this week is developing.

Successful trading,

Steve

The Options Coach