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%
Comment
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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.