LNC 7.21.23 $20 strike puts closed at $0.225 per share on a 100-share covered call. I sold one option for $0.36. LNC closed at $24.25, up from $23.90 when I sold the put. I could have made more buying the stock, but that wasn't my strategy. I held off selling more covered calls with the hope stock prices will bounce in the next few days.
LNC 7.21.23 $20 strike puts closed at $0.225 per share on a 100-share covered call. I sold one option for $0.36. LNC closed at $24.25, up from $23.90 when I sold the put. I could have made more buying the stock, but that wasn't my strategy. I held off selling more covered calls with the hope stock prices will bounce in the next few days.
Previous posts about the June portfolio can be found on the home page: https://djincometrader.substack.com