Opened this covered call as part of the wheel strategy. If price stays below $37.5, I'll get to keep the premium. If price moves above $37.5, I'll get to keep the premium and sell my shares with profits of $2.5 as I have purchased the shares at $35.
| Side | Price | Realized P&L |
|---|---|---|
| Sell Open | 0.59 | -- Closed |
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