NX - Write Covered Call Time

2018년 6월 3일

The covered call involves writing a call option contract while holding an equivalent number of shares of the underlying stock. It is also commonly referred to as a "buy-write" if the stock and options are purchased at the same time. NOTE: When any trade is on, just manange it. Risk & Reward 1:4, like it.
I own stock involved and belive that bullish is only way per history of this stock.
Symbol: NX
Current Price: $16.80
Purchase Price: $16.80
Num. Shares: #100
Total Cost: $1,680

Option:
WRITE
Option: 21 Sep $20.00 Call
Price per option: $ 0.80
Contracts: #1 x 100
Total Cost: $80

Estimated Returns - NX at $16.80 on 3rd June 2018
Entry cost: $80 (credit)
Maximum risk: $1600 at a price of $0.03 at expiry
Maximum return: $400 at a price of $20 at expiry
Breakevens at expirty: $16.00

2018년 6월 6일

거래청산: 타겟 닿음

Sometimes you hit a grand slam, this was one of these trades.