Monday, March 3, 2014

Two! Two call options! Ah, ah, ahhhh!

That's, um, supposed to be like the Count, from Sesame Street.

*ahem* Anyway, yeah, sold another call option...yesterday. Yes, it was technically yesterday. Got in just in time with it as the stock jumped 24% toda...yesterday. The stock for the first call option I sold last week jumped 11% (also yesterday).

The options don't expire for another few months, but at this rate, I have a feeling I'll get assigned. My premium from selling the option will be pretty good, but my goodness, I might have done better just buying the stocks without the options. Oh, well. This was to get my feet wet with options, and I need the experience for my broker to give me higher level clearance with options. I'd rather buy options than sell them. I know other brokerage firms might not be so restrictive, but all in all, I like my broker.

Well, we'll see what happens with these.

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