Rolling (IRA): TLT Feb 21st 100 Calls to the 95 Calls

15 abr

... for a 1.09 credit.

Comments: Looked at all my options here for the rolling of the short call aspect of my covered calls -- rolling down, rolling down and out, rolling out as is, rolling to shorter duration and down ... . Going with rolling down in the same expiry for a 1.09 credit.

Resulting cost basis: 89.11.

It still remains a bet that the Fed will cut rates at some point, just with lower max profit potential.

1 may

Operación activa

5/1 Dividend: .307743/share; 30.77 per one lot.

2 jun

Operación activa

June Dividend: 0.308295/share; 30.83 per one lot.

27 ago

Nota

Just doing a little updating here, since this is all that remains of my working TLT ... .

July Divvy: 0.291104/share; 29.11 per one lot.

Aug Divvy: 0.314856/share; 31.49 per one lot.

Net stock cost with divvies: 89.11 - .31 - .31 - .29 - .31 = 87.89.

Setup Max (With Divvies): 7.11; 8.09% ROC at max.

2 sept

Nota

Sept Divvy: 0.312782/share; 331.28/ONE lot.

Break even (with divvies): 87.58. Setup max (with divvies): 7.42; 8.47% ROC as a function of break even at max.

4 oct

Nota

October Divvy: $0.315755; $31.58 per one lot. Break even (with dividends): 87.26. 7.74 max; 8.87% ROC as a function of break even at max.

16 oct

Operación activa

Haven't done anything with this position, well, for months. Rolling out the Feb 21st 95's to the March 21st 95's for a .46/contract credit. Break even (with divvies): 86.80.

1 nov

Nota

11/1 Dividend: .31/share. 86.49 break even; 8.51 max.