$Coca-Cola(KO)$ rallyBullish rally after Ex-div.
Bought the shares, did a sell call.
The price dip the next day and recovered.
The premium of the sell call went higher when the stock price dropped.
When the stock price rally back up, calls got expensive.
I sold 2 calls and preset 1 sell call.
I open market with 3 calls that is more expensive to close.
End up, closed the newly added at breakeven and another at the loss with the dividend money I will recieve.
Lesson learnt: Stock Price Dip might not equal option price dip.
Good luck traders!!!
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