Comments on: Case study of covered call & roll up. http://www.drwlc.com/coveredcall/?p=1 Modified Covered Call-How I Made My Fortune Wed, 12 Oct 2011 22:38:42 +0000 hourly 1 https://wordpress.org/?v=4.1.41 By: admin http://www.drwlc.com/coveredcall/?p=1#comment-3 Tue, 19 Apr 2011 18:55:49 +0000 http://www.drwlc.com/wordpress/?p=1#comment-3 Trade of the day: 2 more days left for the weekly expiring this Thursday. I placed the following trade, taking advantage of the decline of LVS.

Long 200 contracts of LVS @42, short 43, for cost: $0.85. Potential profit $0.15, or a total of $3000, in 2 days.

LVS is in a bullish trend. It’s share prices have never been below 43 since March 2011. Even with the big decline of the overall markets yesterday, LVS went up. Today’s weakness is likely a breather after yesterday’s advance.

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