Stock picking can be a chore. A way to simplify the process is to look at portfolios managed by portfolio managers with good track records. What they trade is more important than what they predict.
On AFL, I made a mistake. I got the net debit by subtracting the option price, $3.20, from the strike price, $69, thinking I was writing about puts. I was writing about covered calls, so the net debit is my purchase price, $71.95 minus $3.20, or $68.75. Thanks, Scott, for catching this.
On AFL, I made a mistake. I got the net debit by subtracting the option price, $3.20, from the strike price, $69, thinking I was writing about puts. I was writing about covered calls, so the net debit is my purchase price, $71.95 minus $3.20, or $68.75. Thanks, Scott, for catching this.
I liked your trade, so today I bought AFL @$71.12 and sold the January 20 $69 calls for $3.60. Thanks for the tip!