I opened
$GFS 20241115 50.0 CALL$ ,GFS: collect 0.6% premium for this covered call on GFS with strike at $50 which is about 25% higher than current rate. Contract expires in 51 days on 15th Nov. premium is low and far out of the money as it’s below my holding average. Still, wish to collect some premium to offset the opportunity cost. Going to have a series of these as I have a fair but of GFS on hand.
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