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

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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.

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  • Lionel8383
    ·2023-04-14
    TOP
    But you need to own a 100 shares of Google too. Not to sell a naked call
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    • Optionspuppy
      Yeah u see have la
      2023-04-14
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  • FrankRebecca
    ·2023-04-13
    TOP
    Holding more cash is not wrong, right?
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    • Optionspuppy
      I hold in tiger vault
      2023-04-14
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  • YorkTurner
    ·2023-04-18
    GOOG along with MSFT are in the forefront of the AI revolution and will be perfected in the future. You are in on the ground floor of what very likely will prove to be a great investment.
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  • YvetteGunther
    ·2023-04-18
    As an investor of both MSFT and GOOGL, this noise make no difference on whatsoever in regards to AI and search...if one loses I simply buy it at cheaper price...
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  • hellodarz888
    ·2023-04-13
    why not buy put
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  • ClarenceNehemiah
    ·2023-04-13
    We need to take short on them at this time.
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  • YeddaJohnson
    ·2023-04-18
    so much noise around google lately. Smart investors have been accumulating for the long haul. See you all in another decade!
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  • samarun
    ·2023-04-13

    Good samples and explanations 

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  • XantheJuliana
    ·2023-04-18
    After that 60 minutes episode about Google, I'm even more bullish!
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  • shining87
    ·2023-04-18
    Google is well positioned to beat! Hang in there!
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  • PenelopeHood
    ·2023-04-13
    GOOG is still good to take long.
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  • hellodarz888
    ·2023-04-13
    cool
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  • 月升2023
    ·2023-04-13
    K
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  • lhdw2021
    ·2023-04-13
    up
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  • octa8
    ·2023-04-13
    [Like]
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  • moneytools
    ·2023-04-13
    great
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  • Dinvester
    ·2023-04-13
    cool
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  • MerLina
    ·2023-04-13
    Okay
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  • Jonelchong
    ·2023-04-13
    ok
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  • kel0508
    ·2023-04-13
    [Happy]
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