I'm working a lot of these out of a "weenie" account, so a lot of these are going to be "weenie" sub-$10 plays ... .
Metrics:
Bought 100 Shares at 3.30
Sold Oct 21st 4 call
Whole Package: 2.95 db (2.95/share is my cost basis)
Max Profit: $105 (if called away at $4)
ROC: 35.6%
Metrics:
Bought 100 Shares at 3.30
Sold Oct 21st 4 call
Whole Package: 2.95 db (2.95/share is my cost basis)
Max Profit: $105 (if called away at $4)
ROC: 35.6%
Trade closed manually:
Covering this at open for a 3.24 credit on this pop. Net profit $22/contract (7.5% ROC). Small winner that I'm frankly glad to see the back of; it isn't the most liquid thing in the world.