| |
E*TRADE FINANCIAL Corporation |
I sold covered calls for the JUL 6 and APR 7s a little while back, to
subsize more shares @$4. I figure, the calls yielded ~$1/share, which
means my purchase price on those shares was more like $3, and even if
the stock goes to $12 I double my money.
If we stay in the 4-6 $ range for a while, i'll just do it again in a
few months.
YMMV; and I am in the hole big time on ETFC from purchases @$11-13, so
a break even would be nice right now.