Trials and tribulations of my stock trading and investing experiences. Lessons learned, both good and bad...that will hopefully benefit others.
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Showing posts with label trend. Show all posts
Showing posts with label trend. Show all posts
Tuesday, February 03, 2009
RIO Covered Call
I'm putting my stocks to work for me by selling covered calls against my RIO position. I sold Feb $14.00 calls for $1.15. I honestly was not thrilled to put this trade through, however its price trend is a tad bit below the $14.00 strike price, so I am banking on this continued trend.
Labels:
calls,
covered calls,
rio,
stock,
strike price,
trend
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