Covered Calls for Fun & Income

February 25, 2009

Update – NVDA

Filed under: Covered Calls, Investing — Tags: , , , , , , — Jeff @ 3:00 PM

After lunch I lowered my limit on the MAR 7.50 Call to .80 and it executed at 1:03 EST.

So, now my cost basis is 6.55 and the gain, if called out on 3/20 will be 14.5%. Meanwhile I pocketed $80 for each option (I will never tell how many I have).

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