I opened $HSY 20240517 220.0 CALL$  ,HSY: collected 0.55% premium on Hershey for this covered call. The contract period was over 60 days as it was sold far out of the money when HSY was at $196. Since the past 2 months, HSY shows some signs on reversal and moved up 15% from its low at $180. I think HSY can maintain momentum as long as it can trade above its 200 days MA current at around $197. Will continue to sell new sets of covered call to reflect the higher valuation in coming days.
Trading Order
SymbolSidePriceFilled time
HSY CALL
US20240517 220.0
Buy
Open
0.02024-05-1815:15:54
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  • Shenpwe
    ·05-20
    TOP
    I understand that you collected a premium on Hershey through a covered call.
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  • KSR
    ·05-19
    👍
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