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Old 09-06-2007, 08:41 AM
mrbaseball mrbaseball is offline
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Join Date: Feb 2003
Location: shortstacked on the bubble
Posts: 2,622
Default Re: articles on covered call options

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Imagine the second week of August when your Apple stock was $120 you sold some covered calls at $125 for $4. Apple closed at $127 the last day of options.

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Hmmm? That figures out to a $9 gain in 2 weeks or about 7.5%. That's an annual return of about 180%. Nice trade!
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