Established New Covered Call on INTC; Potential Income return 1.51% in 22 days
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Established New Covered Call on INTC; Potential Income return 1.51% in 22 days
On August 26, 2022, I got assigned 100 shares with INTC stock at the price of $35 per share. I originally opened this trade on August 11, 2022 as a Credit spread (35/33.5).
As the stock market headed into a losing week, so did INTC stock fall under my strike price and I was left either to roll out or take the assignment. I decided on the second.
Intel Cor…
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