NaughtyPines
Long

YET ANOTHER "TOTALLY HAMMERED" COVERED CALL -- CNX

NYSE:CNX   CONSOL ENERGY INC
a year ago
CNX             has been totally hammered and with an IVR             of 100 and an IV of 119, I can't resist a play.

100 Shares CNX             at 6.61
1 Jan 15 7 short call
Total Package: 6.00 debit ($600)
Max Profit: (If Called Away at 7 -- $100, excluding fees/commissions).
a year ago
Comment: This play seems to be working out in the short term. I'll look to take it off when my profit equals the profit I would make if called away at 7 (1.00/contract or $100) or, in the alternative, just wait to be called away.
a year ago
Comment: Rolling out to the July 8 short call for an additional .55 credit. It's fairly cheap, so I figured I keep it on for a while. Cost basis is now 4.77/share.
a year ago
Comment: Covering for a 6.09 credit. Was going to hang in there for a bit, but with earnings season so close, I wanted to free up buying power here and there.
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