Rolling Copper Miners to June or Entering a new Covered Call
With the recent market pullback, the COPX short call we sold in March has gone down in value very quickly. The $100 we collected in March for the 49 strike short call is is now worth $10. Today I bought it back, giving me a $90 profit in the short call.
Want to know more about this trade or enter a new Covered Call in COPX today?
Keep reading with a 7-day free trial
Subscribe to Money Vikings, LLC. to keep reading this post and get 7 days of free access to the full post archives.