Description
⋅ Buy 100 Shares P @ 11.64
Sell 1 Feb 19th 12 Call
Entire Package: 10.36 debit (10.36/share)
Max Profit: 164/contract (if called away at 12/15.8% ROC)
Comment
⋅ This caught my eye late in the day, so I didn't get a fill. Will try again tomorrow ... .
Comment
⋅ Glad I didn't get filled before; got in at a better price today: filled for 10.13.
Comment
⋅ As with my covered call in USO, I rolled my short strike down to the 10 for .51 credit.