GREY:WFREF - Post by User
Comment by
nonvoyanon Oct 21, 2013 6:51pm
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Post# 21835191
RE:Those $6.00 calls for April were me today.
RE:Those $6.00 calls for April were me today.Honestly I was staring at those and thinking of pulling the trigger today.
At 25c for writing the covered calls, that puts my gains roughly at $1/sh. I'm alright with 20% gains most days.
I couldn't pull the trigger as options expiration is after Q3 earnings, and I think Q3 is going to spank the high estimates of 13c/sh... With Q2 EPS coming in at 17c, and a newly closed property acquisition that's closed, I suspect Q3 is going to put up some nice numbers beyond the three analysts reporting...
The new property should now be on the books for Q3, correct?