I sold a covered call option on Barrick Gold (NYSE:GOLD) with a strike price of $18.50, collecting a premium of $19. Given the recent volatility and strong fundamentals in gold, this strategy provides premium income while allowing for potential upside in the stock if it reaches the strike price before expiration.
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Thank you for the glimpse into your trading world. Your combination of value investing and swing trading is a powerful one. Here's to more profitable trades and making the most of your Cashboost account. 🥸
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