DGI Adventure 10-22-16 Sold Covered Call – Valero Energy Corporation (VLO) – $58.50 strike – Nov 11 Expiration

This trade was actually executed on Tuesday 10/18/16. I didn’t get a chance to write about it until today. I sold a VLO Nov 11 ‘16 $58.50 call option for a premium of $53.22 after fees, which works out to a 0.91% absolute return (using the $58.50 strike as the denominator “at risk”). Since the… Read More DGI Adventure 10-22-16 Sold Covered Call – Valero Energy Corporation (VLO) – $58.50 strike – Nov 11 Expiration