I bought 1000 shares of Micron (MU) on 10/17/17. I sold Calls on these shares and brought in nice premiums. Today the stock is moving up and I just sold another Call for another nice premium. I sold 10 MU 11/3/17 $42 Calls for a premium of 50¢ ($500). This trade is a Covered Call on previously owned stock so it gets a Risk Factor 1.
Sell to Open 10 MU 11/3/17 $42.00 C @ 50¢ (+$500)
If you read my last post on my RH $91 Call, you see RH is up almost 5% today. It already hit my $91 Strike Price. This could be an interesting week.
Steve
The Options Coach