Is Ford stock (NYSE:F) good for covered calls?
Short answer - yes. Longer - it depends!
It seems I will get assigned 200 shares of F stock paying $12.5 per share, on April 23, 2021
As of writing this article, F is trading at $11.45. Ouch. Luckily I entered this trade as a bull put credit spread and took a premium of $0.23 per share when constructed this trade on April 8.
here is my trade setup:
SLD 2 F…
Keep reading with a 7-day free trial
Subscribe to Covered Calls with Reinis Fischer to keep reading this post and get 7 days of free access to the full post archives.