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Covered Calls Done the Wrong Way
A journal to document the mistakes I will make doing covered calls.
Thursday, April 9, 2009
USO -- Roll Down Position
The USO position was rolled down:
Price
Date
Description
Total
aXIRR
aROI
$29.49
2009-04-08
Buyback 10 USO Apr 2009 $32 @ $0.25
-$269.95
38.6%
31.4%
$29.49
2009-04-09
Sell 10 USO Apr 2009 $29 @ $2.10
$2,080.05
61.7%
47.4%
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IWM -- Position Rolled Up
NFLX -- Roll Position Down
ED -- Position Rolled Up and Out
INT -- New Position
PZZA -- New Position
USO -- Assigned
MMM -- Roll Position Up and Out
EEM -- Roll Position Up and Out
SPY -- Roll Position Up and Out
IWM -- Roll Position Up and Out
NFLX -- New Position
USO -- Roll Down Position
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