A "refresh" of a fairly long-running cash flow setup, with the cash flow emanating from (a) short call premium and (b) dividends.
As of the 12/18/24 dividend, my break even is at 85.81 (including dividends). (See Post Below).
One of my New Year's resolutions is to be a little more patient and roll out the short call on approaching worthless, targeting the short call strike paying around 1% of the strike price in credit, but my mouse hand occasionally seems to have a mind of its own ... .
As of the 12/18/24 dividend, my break even is at 85.81 (including dividends). (See Post Below).
One of my New Year's resolutions is to be a little more patient and roll out the short call on approaching worthless, targeting the short call strike paying around 1% of the strike price in credit, but my mouse hand occasionally seems to have a mind of its own ... .
Note
Rolled the March 21st 95's down to the March 21st 92's for a .46 credit; 85.35 break even (including dividends).Note
(Late Post): Rolled the March 21st 92's down to the March 21st 90's for a .40 credit. 84.95 break even.Trade closed manually
Closed for an 87.89 credit/contract. 2.94 ($294) profit/contract.I'll look for further opportunities to get in at sub-$85/share should that occur.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.