NaughtyPines

OPENING: GNW COVERED CALL

NYSE:GNW   GENWORTH FINANCIAL INC
Taking advantage of this "little" dip here to initiate a covered call in this little, high implied volatility bugger (at some point, I'll make the move to "quality" ... ).

Metrics:

Bought Shares at 4.73
Sold Oct 21st 5 call
Whole Package: 4.40
Max Profit: $60
ROC: 13.6%
Oct 04
Comment: Covering this setup here for a 4.82 credit; net profit of $35 per 100 shares/contract (7.95% ROC). It hasn't moved much since I put it on, so I thought I'd take the opportunity to take profit here.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out