MNDY: take profit on the covered calls and be aggressive in chasing premium.
Price has come down a fair bit past few weeks, and the strike $240 covered call expiring 17th Oct are almost depleted.
Decided to chase premium instead by selling $200 strike covered call also expiring 17th Oct.
The long call was bought at $180 so it is still profitable just the prior weeks paper gain were given back due to recent pull back.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -2.30 1 | -- Closed |
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- DeltaDrift·10-04Wow… Solid premiumLikeReport