I rolled forward my covered call on GSK.

music selection:  “All Along The Watchtower” — Jimi Hendrix

I’ve been playing this one for income rather than capital gains.  So I wrote the call at the same strike as my entry price.  There is a very strong chance of being called away this time.  I sold GSK160520C00043000 for 95 cents a share.  That comes out to 24.44% annualized over 33 days.  The trade is currently in the money.

I have a post every day this week instead of just Monday, Wednesday, Friday as there is a cluster of trades this week.

Devour your prey raptors!

Covered Call GlaxoSmithKline (GSK)

Never miss another opportunity to devour prey!

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