Overview On May 23, 2024, I executed a cash-secured put option on Barrick Gold$Barrick Gold Corp(GOLD)$ , selling one contract with a strike price of USD 17, maturing on June 21, 2024. The premium received for this option was USD 41. This investment strategy was chosen based on the promising trends exhibited by Barrick Gold, particularly its ability to reinvest in the business and generate higher returns on capital employed. Rationale Behind the Investment Strategy Reinvestment and Returns on Capital Employed: Barrick Gold has demonstrated a commendable capacity to reinvest its earnings into the business effectively, yielding higher returns on capital employed. This trend suggests strong management and a sustainable business model, which a
S&P Up 7 Days Straight! Covered Calls Best Strategy Now?
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