Covered Calls with Reinis Fischer

Share this post
April 8th, 2022 Options Expiration Results
coveredcalls.reinisfischer.com

April 8th, 2022 Options Expiration Results

Reinis Fischer
Apr 8, 2022
Share this post
April 8th, 2022 Options Expiration Results
coveredcalls.reinisfischer.com

At the start of April, I invested $8,437.00 in 4 stock tickers and sold weekly covered calls with April 8th expiry on them, later on, I sold one additional I put option.

This week I was holding 4 covered calls and 1 cash-secured put position. All positions were opened at the start of April. I was holding Bank of America, Virgin Galactic, Tlry, and Deutsche bank calls and a put option on European ING bank

4 stocks to sell covered calls this April

All but TLRY calls were rolled to the next week’s expiry with the same strike prices as in the previous week. I skipped rolling TLRY stock as it was too deep out of the money, and instead, I decided to wait for the next week and see can I get a better premium.

Bank of America (NYSE: BAC)

SLD 1 BAC NYSE Apr14'22 41 CALL 0.26 USD

Virgin Galactic (NYSE: SPCE)

SLD 1 SPCE NYSE Apr14'22 10 CALL 0.12 USD

Deutsche Bank (NYSE:DB)

SLD 2 DB NYSE Apr14'22 13 CALL 0.26 USD

All, but DB, currently are under water, lets see will I be able to recover invested money in the next weeks.

Additionally 1 put option on AMS:INGA expired and I sold 2 new put options with next week’s expiry

SLD 2 INGA AEB (ING) Apr14'22 9.3 PUT 0.19 EUR

Options Premium so far

Options premium received this week: $133.07

As I’m trading on margin (borrowing funds from the broker) I haven’t reinvested these funds in an additional dividend stock, but instead, I’m planning to withdraw some 25% from the options premium at the end of the month.

So far in April, I’ve made $352.07 with $10,300 capital at risk. About 3.4% return.

Share this post
April 8th, 2022 Options Expiration Results
coveredcalls.reinisfischer.com
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 Reinis Fischer
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing