Terra Incognita
05-21
I opened $BABA 20240621 98.0 CALL$  ,BABA: collected 1.1% premium on BABA for this covered call. The strike was set higher at $98 and expiring on 21st June which is 32 days away. This covered call is a continuation of multi set of covered calls I’ve been selling of late. Rather than selling all of them at one go and at one strike price, I chose to spread them over 5 weeks and adjusted strike price higher as the stock went higher. Some of the earlier sold ones will be expiring this Friday and next and those are already in the money and if price sustained at current level, then those BABA stocks will be called away.
Trading Order
SymbolSidePriceFilled time
BABA CALL
US20240621 98.0
Sell
Open
1.12024-05-2023:22:46
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