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henarl's
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dieuwer is correct:
Jan 13 13:34 pm
|Rating:
+5
0
All Comments by henarl »Why I Feel TBT Is About to Become a Goldmine [View article]
Purchased TBT on 12-23 at $36.56. Sold Mar 37 covered calls at $4.
If TBT is above $37 on Mar 20, I will be exercised out for a 11% profit in three months (44% APR). If TBT is below $37 on Mar 20, I will sell another covered call. Only if TBT is below $32.56 on Mar 20 will I lose on this trade.