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WMT

WMT Covered CallBeen holding this trade for a few weeks now. This is my first post related to options trading. I'm using the lines to show a visual of how selling a Call has helped create a range of profitability and risk management. GREEN LINE - Max Profit - This green line is in relation to the original share price entry point, the Call strike price, plus any premium collected. YELLOW LINE - Strike Price - I will adjust this often in an effort to continue to manage the risk, while maximizing profits. I try to stay under the stock price to maximize risk management. RED LINE - Break-Even - This line is a proposed break-even price of the covered call. It is a linear sloped line, but is not accurate. This line give a rough estimation of what my break if is based on each expiration date. PINK LINES - rough projections based on the last Max Profit and Break-Even potential. I'm using this to show what might potentially happen to the range, the longer I hold on to this trade.
NYSE:WMTLong
by oldinvestor
PFE 37: Boring but good Risk/Reward in a dangerous market PFE is an enormously profitable company that is not in fashion with the momo crowd or the new kids chasing sexy names. It is however an A+ company with staying power and good dividend yield, a better alternative to bonds in today's near-zero interest rate. As SPY correction is highly likely, it is perhaps a place to park some cash. Also, the market has shown some interest in routing into real economy stocks (with real revenue and profit). TGT, WMT, GE for instance. Technically it has turned upwards, after a sharp and quick sell-off from 43, after all the covid vaccine news. 1st Target is 40.50 To be long around 37 or sell PCS of 37/33. If needed lunch money, one could also sell ATM weekly calls that give out a 2% weekly premium. This is a plan, obviously not any sort of advice.
NYSE:PFELong
by Jonas99