Continue to take profit and reduce risk as we go into contract expiry.
The covered call is avitally in the money and risk of being exercised by end of trading session.
Premium during selling was higher than my current closing price so I still get to keep some profit while leaving my long calls intact and protected to sell new calls next week.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.66 3Lot(s) | +13.98% Closed |
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- JamesWalton·09-19Sounds like a solid strategy! Protecting your gains while positioning for future trades is key.LikeReport