Market is getting awful frothy again, not seeing any new candidates for cash secured puts or covered calls. Going to the well again by selling calls on my existing Vanguard Real Estate ETF (VNQ) portfolio holdings.
If the shares are called away, it will help me lighten up my equity holdings with a little extra premium thrown in.
Here is the trade:
- Sold: Ten (10) VNQ Aug 16, 2024 Calls
- Strike Price: $92.00
- *Premium Collected: $550.00
As I have noted previously about this particular trade, Vanguard Real Estate ETF (VNQ) in not in my trading account holdings – it is in my income portfolio now that I am retired – but I will sell covered calls on any of my holdings when I feel the valuations are elevated.
Leave a Reply