Thursday, September 20, 2012

I was assigned again as the stock went up again.
Tried something new this time.  Bought 500 shares of AGNC as it went ex-dividend on Wed and sold 5 calls against them.  I did this on Monday.  However, on Tuesday morning I was assigned already so I had my shares sold from me and I don't get the dividend.  And i didn't even know until Wednesday morning.

So instead I bought 500 shares of FSLR @ 23.80 and sold the $24 calls at $0.56.  Initial credit is $266.30. If I get assigned again, it would be an extra $100 (minus the assignment fee of $20).

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