Sold 10 MU Calls

I own 1000 shares of Micron (MU) at $51.75. With the stock at $51.30 I just sold 10 MU 9/25/20 $52 Calls for a 50¢ premium for $500. Not bad for a 3 day Call. A little dinner money for the weekend!

Sell to Open 10 MU 9/25/20 $52.00 C @ 50¢ (+$500)

This is a Covered Call on previously owned stock. The trade gets a Risk Factor 1.

Successful Trading,

Steve

The Options Coach

Leave a Reply

Your email address will not be published. Required fields are marked *