RE: Covered Call OptionsWhat can I say Jabatama ...just call me a gluton for punishment ...and I am kidding... but I picked up another 100 CM today minutes before the close .10 cents off the low but I am holding long term... so it will all matter little... but my Dividend just when up and I have another Call order in to sell the JAN 70 for 2 more contracts, this new 100 shares and a 100 I picked up on Friday...if I get the price I want that will be another 380.00 added to the other premiums.
And Tuesday I am picking up another 100 of BMO... buy when they are running away... sell when they love the stock again. BANKS are so over sold now its going to be some pop back when the slide stops and the hedge funds stop playing around.
However we may see the Mid March lows again... before it's done...so I am saving a bit of ammo for that possiblity.
But I am getting A nice Dividend while I wait!