Stock Symbol: [private_monthly]MEE[/private_monthly]
Strategy: covered call
Trade Details:
- purchase 100 shares of [private_monthly]Massey Energy [/private_monthly]at or near last close of $29.89
- sell 1 June 10 29.00 call option for approximately $3.35
Uncalled Return: 11.2%
Called Return: 8.2%
[private_monthly]
[/private_monthly]
Non-members, click here for access
Speak Your Mind