Roll Forward and Up 1 Covered Call on Coca-Cola stock (NYSE:KO) - Potential income return 11.43% in 243 days
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Roll Forward and Up 1 Covered Call on Coca-Cola stock (NYSE:KO) - Potential income return 11.43% in 243 days
On June 4, 2021, we rolled forward and rolled up 1 covered call on the Coca-Cola stock (NYSE: KO) stock with a new expiry date on November 19, 2021. The aftermath of this trade: +$30 (after commissions)
As we have been buying KO using dollar-cost averaging our average buy price is: $51.87
With the KO price hovering above $56 we decided to roll up our $55 …
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