NYSE:BP   BP PLC
41 2 0
For anyone who wants to own shares of BP             , I think this is a good level. Getting exercised at $36 and buying again at $32 would not be a terrible thing.
Let's see how she moves!
kenny1924
4 months ago
Are you saying with the stock at $36.03, we should try at Aug Put Sale for $36 strike? Or was the above a mis-print since you have drawn a line at $32? In my case, I am VERY bullish on BP long term, and would do BP Put Sell at any price, but having done many BP Put Sells in the past, I would do it at $34 or $33 and go out 30 days or 60 days to capture the depleting time value. Keep in mind the USD is going up so oil is coming down, and BP will come down with it, so keep the powder dry to buy the stock if USD keeps on rolling forward.......
Reply
Reallifetrading PRO kenny1924
4 months ago
No. I was mentioning MANY bought around the $30 ish area and got exercised on covered calls at $36. Now looking to get back in, the $32 level would be a great place for it to occur. :) And, I like your $33 and $34 level for sure. I'm glad you have experience with this strategy! Keep me posted on how yours ends up! :)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out