This trade was also quite easy to place. I bought shares in the early morning dip and sold the calls shortly after the dip when the stock rebounded.
Remember to use the strategy links below to learn the strategy and paper trade the strategy until the results are consistently profitable, before risking capital in these trades. This trade is still available for roughly the same profit level, as of my posting this.
- This article outlines the Super Charge Buy-Write Strategy and is a good starting place to understand this strategy.
- This articles discusses techniques for Super Charge Buy-Write Strategy trades that are not exercised or are partly exercised.
- This article looks at how to learn the strategy through paper-trading it first.
This Super Charge Buy-Write Strategy Article is for FullyInformed Members.
Covered Calls: Second Super Charge Buy-Write Strategy Trade Alert for Jul 17 2019