A Week in Review
Yesterday and most of today it looked like I am going to get called out. And as this is the goal anyways, I was ok with it. 5 minutes before close KSS was trading at $30.89. My buy back order for 2 cents got filled. Great, I get to sell 1 more call. I sold next weeks 31 Call for 75c.
So far the return is $225/$3,065 = 7.3%
Looking forward
Net week is Thanksgiving. Lots of cooking and sitting back and relax is on my schedule.
Disclosure
I have been beneficially long the shares in KSS and short the call in KSS. I wrote this article myself and it expresses my own views and opinions. I am not receiving any compensation for this. I have no business relation ship with any company whose stock is mentioned in this article.
I am not an investment advisor or professional. This article is my personal opinion and experience and is not meant to be a recommendation of the purchase or sale of a stock or option. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters.
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