Opened (Small Account): MJ October 15th 16 Covered Call

92
... for a 15.44 debit.

Comments: A small engagement trade in the small account ... . Here, going monied (i.e., the short call is in-the-money versus out-of-the-money), looking for MJ to stay above 16 running through expiry. Post-fill, entered an order to take it off for 15.95 (.05 short of max). That is unlikely to fill until the waning days of the short call contract when extrinsic in approaches nil, but you never know.

Metrics:

Max Theoretical Loss: 15.44
Max Profit: .56
Return on Capital at Max (as a Function of Max Loss): 3.63%
Return on Capital at 50% Max: 1.81%

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.