June Option Investing – EDC Covered Calls

My $36 calls expired, leaving me with all my April shares.

Option premiums are back on the high end this month, so I’m expecting some volatility.

I’m guessing that EDC will rebound from support levels ($32-$33), but I’m not sure how long it will take to test the downtrend…glad I get paid a premium regardless!

I couldn’t get anyone to bite on my limit orders yesterday, but today I got some action – $33.93 calls at $2.45.


About T. Knight
Blogging about my journey to financial independence via investing for cashflow.

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