December Option Investing – FAS Covered Calls – Part 4

The covered calls I sold last Monday ($67 calls for $3.40) expired, leaving me with 100 FAS shares.

FAS sat just above the 20 and 50 day moving averages, and was resting on a downward sloping trendline from July/August.

With no calls against my position, I sold a $62 calls for $3.10.

    FAS – $62.00 calls @ $3.10 (expire Dec. 17)
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About T. Knight
Blogging about my journey to financial independence via investing for cashflow.

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