To The Moon

13/4 My sell hot call options on stocks I owned $Alphabet(GOOGL)$ $Manulife(MFC)$ $NASDAQ 100 Covered Call ETF(QYLD)$ Sure, I can update the calculations based on the new stock prices you provided. Manulife at strike price $17 fetching me premium 1.90 for 2 months sold the call today. Manulife's current stock price is $18.90, and you are selling a call option with a strike price of $17 and a premium of $1.90, which expires in two months. If Manulife's stock price remains below $17 by the expiration date, you will keep the premium received from selling the call option. Your potential return is calculated as follows: Return = (Premium received / Current stock price) x (Number of shares per option contract x 100) x (Option contract duration in days / 365) Return = ($1.90 / $18.90) x (100 x 100) x (60 / 365) = 5.01% This means that if Manulife's stock price remains below $17 by the expiration date, you will earn a 5.01% return on your investment over two months. However, if the stock price rises above $17, you may be obligated to sell your shares at that price, which could result in a loss. QYLD strike price at $16 fetching $1.20 of premium for 2 months. QYLD's current stock price is $17.22, and you are selling a call option with a strike price of $16 and a premium of $1.20, which expires in two months. If QYLD's stock price remains below $16 by the expiration date, you will keep the premium received from selling the call option. Your potential return is calculated as follows: Return = (Premium received / Current stock price) x (Number of shares per option contract x 100) x (Option contract duration in days / 365) Return = ($1.20 / $17.22) x (100 x 100) x (60 / 365) = 4.66% This means that if QYLD's stock price remains below $16 by the expiration date, you will earn a 4.66% return on your investment over two months. However, if the stock price rises above $16, you may be obligated to sell your shares at that price, which could result in a loss. Google strike price $120 fetching me premium of $22 premium for 25 months. Google's current stock price is $105, and you are selling a call option with a strike price of $120 and a premium of $22, which expires in 25 months. If Google's stock price remains below $120 by the expiration date, you will keep the premium received from selling the call option. Your potential return is calculated as follows: Return = (Premium received / Current stock price) x (Number of shares per option contract x 100) x (Option contract duration in days / 365) Return = ($22 / $105) x (100 x 100) x (750 / 365) = 51.14% This means that if Google's stock price remains below $120 by the expiration date, you will earn a 51.14% return on your investment over 25 months. However, if the stock price rises above $120, you may be obligated to sell your shares at that price, which could result in a loss. It's important to note that selling options involves risks, and the calculations above are based on certain assumptions and may not reflect the actual outcome of the trade. It's always important to consult with a financial professional before making any investment decisions 🐯 🐯🐯🐯🐯🐯 Dear tiger readers Please help to share post also clicking the repost button and follow me as I published my post on my ideas and trading experiences and sometimes including my current dividend positions and winning sell call and put trades . 🦁🦁🦁🦁🦁Do follow me share my posts regularly So more people can learn about my trading methods and winning trades on selling covered calls and puts options I share my options trade below usually I sell at a higher price then buy back at a lower price for a profit I also try to reward the first 100 commenters at least 1 coins each who also help me repost and like the article 🌈🌈🌈🌈🌈🌈🌈🌈 As always do your on due diligence and tradings have risks Do feature me @MillionaireTiger @TigerStars @Daily_Discussion so more people learn sell cash covered put on good stocks and earn 1% or more per month