A quick question from an investor on a trade that is ending today in Whiting Stock WLL Stock. The investor finds himself holding deep in-the-money covered calls and wondering if he can improve his return.
I just received this email this afternoon around 2:00 PM so there is not a lot of time for covered calls ideas. Therefore here is a shortened response on how I would handle this trade.
Let’s review the question and look at some answers.
I have a covered call position in WLL: 10 contracts @$33.50 expiring today – 5/25/18. The stock is at $48. Should I just let it expire, or there is a way to improve on this trade?
This strategy discussion article is for FullyInformed Members.
Handling Deep In The Money Covered Calls – Investor Questions – May 25 2018
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