BoonSDG
08-25

Great article, would you like to share it?

@Terra Incognita：
I closed $BABA 20240823 85.0 CALL$ ,BABA: covered call with strike at $85 expired in the money when market close at $85.41. With $1 per share premium collected, this is actually a profitable trade. I hold quite a fair bit of BABA and had multiple covered calls expiring at various weeks, so I’ve decided to offload this set and get exercised to recover some cash.
I closed $BABA 20240823 85.0 CALL$ ,BABA: covered call with strike at $85 expired in the money when market close at $85.41. With $1 per share premium collected, this is actually a profitable trade. I hold quite a fair bit of BABA and had multiple covered calls expiring at various weeks, so I’ve decided to offload this set and get exercised to recover some cash.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet