Covered Call Trade idea with Intel stock (NASDAQ:INTC)
I like the idea of selling covered call options on "good" dividend stocks, preferably from the Dow Jones list. Intel stock is a great dividend payer, and also is the cheapest stock from the Dow Jones list.
Unfortunately Intel stock has bad guidance for the next few months/quarters and further drops in the stock price are quite possible.
This is not a trad…
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