How I Managed a Covered Call on Match Group (MTCH) in My IRAHey traders,I wanted to share a real-life trade I executed today—because managing trades is just as important as picking them. I bought Match Group around $37, and since it’s been down, I’ve been selling covered calls to generate income. Last week, I sold the 36 strike call for 50 cents. Today, I rolled it by buying it back for pennies and selling another 36 strike call for 52 cents. Why? Earnings just passed, and I wanted to grab that juicy time premium. From here:
And I can always turn around and sell puts to get back in. That’s the beauty of having a game plan. #OptionsTrading #StockMarket #Investing #CoveredCalls Options involve risk and are not suitable for all investors. Before trading options, please read Characteristics and Risks of Standardized Option (ODD) which can be obtained from your broker; by emailing investorservices@theocc.com; or from The Options Clearing Corporation, 125 S. Franklin St., Suite 1200, Chicago, IL 60606. The content posted by our authors is intended to be general education and / or general information in nature. We are NOT providing advice for any individual trader. No statement made by our authors or subscribers is intended to be a recommendation or solicitation to buy or sell any security or to provide trading or investment advice. Traders and investors considering options should consult a professional tax advisor as to how taxes may affect the outcome of contemplated options transactions. Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.You’re currently a free subscriber to Wealth Building with Options. For the full experience, upgrade your subscription.
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