NaughtyPines

THREE COVERED CALL IDEAS: WTW, NVAX, AND FEYE(?)

Long
NYSE:WTW   None
WTW: Buy at 10.56/share; sell Sept 16th 11 call; 9.27 debit at the mid; max profit $173/contract (18.7% ROC).

NVAX: Buy at 7.51/share; sell Sept 16th 8 call; 6.01 debit at the mid; max profit $198/contract (32.9% ROC). (I'm already in a similar NVAX trade .. ).

FEYE: Buy at 13.95/share; sell Sept 16th 14 call; 10.67 debit at the mid; max profit $333/contract (31.2% ROC). The reason why I put a question mark next to the FEYE is that it's still gyrating about post-earnings and the pricing on the short call is unlikely to be accurate (it will change at open). So this may not be nearly as sexy at NY open as it looks to be right now ... .
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