This week I bought 1000 shares of Kohl’s (KSS) at $21.25 and sold a 10 contract $21.50 Call. The close is near and I will not get assigned. I just sold another 10 Calls for next week.
I sold 10 KSS 7/17/20 $21.50 Call for a premium of 75¢ for $750.
Sell to Open 10 KSS 7/17/20 $21.50 C @ 75¢ (+$750)
This Call gets me started on next week’s income. This is a Covered Call on previously owned stock so it gets a Risk Factor 1. This is a ROI of 3.5%.
Expiration for this week’s Calls is in about 5 minutes. It will be another great week.
successful trading,
Steve
The Options Coach