NYSE:SWN   SOUTHWESTERN ENERGY COMPANY
With an IVR/IV of 100/101 and price within 5% of its 52-week low, I'm looking for a 45 DTE             play in this extremely liquid, beaten down underlying to bridge the gap between earnings seasons, as well to ride out what appears to be a thin market opportunity wise for premium selling.

SWN             Covered Call
Buy 100 shares
Sell Jan 15 9 short call
Looking for a 7.92 fill for the package
Max Profit: $108 (if called away at $9)
Buying Power Effect: $792

Note: The Jan 15 9 short call will get you nearly a 1.00, substantially reducing your cost basis in the 100 shares from $891 to $792 ... .
Rolling 9 short call down to Feb 19 8 short call for an additional .68 credit, further reducing my cost basis in the underlying.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder 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
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out