Early last week I purchased 1000 shares of SanDisk for this month’s covered call trade. Friday, I sold the July 60 call options on my position for $2.35. On this particular trade, I am selling the stock for 15 cents less than what I paid for it but, I’m ok with that given the premium (cost) of the options contracts.
Here’s a look at my potential profit if called out on expiration Friday (19 July):
|# Shares or Contracts||Purch Price||Capital Out||Sell Price||Capital In||Comm & Fees||Gain / Loss||
% Gain & Loss
My current charts for this trade: