Subject: Re: Thanks
Yesterday I sold a covered call against part of my position. June $530s for $21.18.

So, I sold shares for $551.18 ($530 + $21.18). About 5% more than price to peak book.

Three things can happen:

(1) The stock closes below $530 and I keep the $21.18 premium plus the additional ~4% interest that cash is earning.

(2) The stock closes between $530 and $551.18 and I earn a smaller profit.

(3) The stock closes above $551.18 and I would have been better off sitting on my hands.