DGI Adventure 11-17-16 Rollout Covered Call Option – Valero Energy Corporation (VLO) – Part Deux

Just last week I decided to roll out my VLO covered call position (which was pretty deep in the money) because I wanted to hold on to my shares through the ex-dividend date (which is tomorrow: 11/18). I managed to execute that roll out for a net profit, albeit a fairly weak one when considered… Read More DGI Adventure 11-17-16 Rollout Covered Call Option – Valero Energy Corporation (VLO) – Part Deux

DGI Adventure 08-09-16 Roll Out Covered Call Option – Valero Energy Corporation (VLO)

VLO goes ex-dividend today, and the quarterly distribution is $0.60/share. I mentioned last week that I would be on high alert for a situation that could lead to early assignment. My covered call option, which had a strike price of $54.50, was about to expire on Friday August 12. VLO shares traded as high as… Read More DGI Adventure 08-09-16 Roll Out Covered Call Option – Valero Energy Corporation (VLO)