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NaughtyPines
Apr 30, 2021 3:40 PM

Rolling (IRA): TLT June 18th 145 Calls to July 144 

iShares 20+ Year Treasury Bond ETFNASDAQ

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... for a .71/contract credit.

Notes: A continuation of my TLT covered calls (i.e., shares of stock + short call). (See Post Below). With the 145's converging on 50% max, rolling out to the July 144's (28 delta) for a .71/contract credit. Total credits collected of 7.13 versus a short call value of 1.49 = realized gains of 5.64/contract so far on the short call premium end of the stick since December.
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