Roll Forward and Up 1 Covered Call on Coca-Cola stock (NYSE:KO) - Potential income return 8.27% in 82 days
On May 3, 2021, we rolled forward and rolled up 1 covered call on the Coca-Cola stock (NYSE: KO) stock expiring on June 11, 2021. The aftermath of this trade: +$8 (after commissions)
As we have been buying KO using dollar-cost averaging our average buy price is: $51.11
With the KO price hovering around $54.5, we decided to roll up our $54.5 call option,…
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