The previous February covered call for Kodiak Oil & Gas Corp expired worthless leaving me with maximum profit of $52 per contract (5.47%; 3% annualized profit). Since the option expired worthless I am allowed to sell another contract against the same stock. I did sell another covered call this morning and collected another $60 per Continue reading →
Today is expiration Friday and I have two covered calls expiring tomorrow leaving me with maximum profit. The call options expire and on Monday I can sell another set of covered calls as long as the stock will be called away. The stocks with expiring call options are Kodiak Oil & Gas Corp and TASER Continue reading →
Today, after some thinking I decided to sell a covered call against the additional 100 shares I bought earlier. See the adjustment here. Here are the trade details: Bought 100 shares TASR: $6.90 Strike: $7.50 Sold 1 Covered Call: $0.45 Total Purchase: $645.00 Commissions: $8.78 Total purchase: $643.78 Expected Option Assignment: Continue reading →
Another company I decided to add to my options portfolio is Kodiak Oil & Gas Corporation. Kodiak is focused on the exploration and production of crude oil and natural gas in the United States. Kodiak now looks to develop its robust portfolio of assets. The energy company plans to grow production 80% year over year Continue reading →
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