Learn how to manage your own IRA using the least risky of all option strategies, the covered call. If it is your first time here, please read the Introduction Tab.
Tuesday, January 24, 2012
Porfolio Update January 2012
Looks like we were called away on almost all of our picks! Spectacular! As of today we still have 700 shares of ACI which are uncovered. I am inclined to wait till they get back up to 14 or so before selling some more calls.
FCX - Called away for a profit of $654
FITB - Called away for a profit of $756
JPM - Called away for a profit of $330
MT - Called away for a profit of $701
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