Last week I bought 200 shares of U.S. Steel (X) at $23.82 and sold a 2 contract $24 Call. I was not assigned. X is up today and I was just filled on another $24 Call. I sold 2 X 6/25/21 $24 Call for a premium of 75¢ for $150.
Sell to Open 2 X 6/25/21 $24.00 C @ 75¢ (+$150)
This is a return of 3.1%.
Successful trading,
Steve
The Options Coach