The short term $56 covered calls on BUD are still very profitable, my Hendrick’s is already paid for, along with the olives and toothpicks. (I just rolled over (again, I’ve been doing this for a few months now) the sept 8th to the sept 15th calls for a nice sum).
3 Likes
Just rolled over my covered $56 calls on BUD…bought back today’s (Sept 22nd), sold Sept 29th. Still getting a great return with these premiums. I also picked up a few more shares and sold the Sept 29th $57’s. But the buy/write using the $56 strikes has been great for the past 60 days or so. Cheers! We’ll be in Queens/Brooklyn for a week or so if anyone wants to tie in to say hello. We’ll be hitting up many of the Book Festival events, and I do know of a great little jazz club in the Bed-Sty area.
1 Like
Thank you Kid Rock.