WZ options first successful trade:
April 03-2020 $210 strike at $4.70 C
C Trade, Slightly out of the money.Short term covered call option for quick income.
04/03 expiration, sold when DIA was trading at $209.50 for $210 strike at $4.70 premium with expiration 2 days away.
If DIA closes below $210 on 04/03 this option will expire worthless, I will pocket $470 premium and retain stock for roll over.
If DIA closes above $210, I will keep $470 premium, option will get exercised at $210 . total profit on this transaction will be about 2.25% within 2 days........ to read more, please visit link below at:
April 3rd Covered Call at strike $210
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