I own 500 shares of Zoom and trying to get Calls sold against the shares. While I’m waiting I just bought another 100 shares at $403 and sold 1 contract of the ZM 11/20/20 $405 Calls for a premium of $11.50 for $1150.
Buy 100 Shares of ZM @ $403.00
Sell to Open 1 ZM 11/20/20 $405 C @$11.50 (+$1150)
This Buy-Write gats a Risk Factor 1.
Successful trading,
Steve
The Options Coach