#Earnings #CoveredCalls #Rolling
This will extend my 15-month earnings trade even longer. I’m left with only 100 shares from the trade that started in Jan 2016 and finally became profitable in December.
BTC $FB Apr 28th 145 covered call for 4.95
STO $FB May 12th 147 covered call for 5.25
I gained .30 on the roll, and an extra $200 if I am called away after earnings. I may keep this position as an exercise in rolling covered calls. I plan to initiate new earnings trades next week when it reports on Wednesday.