Daily Archives: September 7, 2011

I wrote a covered call of SLW today

Today’s trade: Bought SLW at $39.58/sh, sold SLW calls, expiring Sept 9th, strike 39, for $1.19.  Net cost to me: $39.58 – $1.19 = $38.39/sh.  If SLW price is above $39 by close this Friday (3 days), my profit is … Continue reading

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