DGI Adventure – 07-08-16 Sold Covered Call – Valero Energy Corporation (VLO) – $54.50 strike – Aug 12 Expiration

I made this trade yesterday morning, Thursday 07/07, but I wasn’t able to post this until today. Way back on June 9th, I sold a put contract for VLO with a strike price of $53.00 and an expiration of June 24th. Shares closed that day at $54.39, so the trade had a short window but… Read More DGI Adventure – 07-08-16 Sold Covered Call – Valero Energy Corporation (VLO) – $54.50 strike – Aug 12 Expiration

DGI Adventure – 05/27/16 – Covered Call Exercised Early – ABX July 17 Expiry – $9.00 Strike

Well that was weird. ABX went ex-dividend yesterday, and apparently some people (or robots) exercised their July 17 $9.00 calls on Wednesday. My shares were selected by the randomizer to be assigned, which means I sold 100 shares of ABX at $9.00/share yesterday. That’s kind of a bummer since ABX was trading between a high… Read More DGI Adventure – 05/27/16 – Covered Call Exercised Early – ABX July 17 Expiry – $9.00 Strike