Four trades this month, all in the US and all calls. One was called, Fedex delivered the cash on the Buffett / BNI inspired surge in transports. I’m glad to have the cash and FDX gone. FDX closed at $81.78, $0.28 above my sold total ($75+6.50).

AEO, MIDD and NUAN averaged a 4.6% cash gain for the six weeks and ended lower. If you’re both happy to hold and to sell a stock then calls are excellent dividend producing options. However, if you want to sell a company then sell it, don’t use calls to stretch for another dollar, as that leaves you holding the downside which is why you probably want to sell in the first place.

I was once again reminded that I should I close my positions when I have captured most of the profit and yet substantial time remains.
Get out of the hot seat.

Related posts:

1. Talking About Your Trades Is Not a Good Idea
2. Options Greeks explained with FDX example
3. Investometer and Portfolio October Update