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Strategies & Market Trends : Covered Calls For Income Production -- Ignore unavailable to you. Want to Upgrade?


To: J.B.C. who wrote (11)1/16/2015 11:46:04 AM
From: J.B.C.  Read Replies (1) | Respond to of 32
 
Interesting issue, the trade was recommended at $9.90 for selling the call on ISIS, but I put in the open market order to open the position and actually got 10.50 even though the quote was $9.90. Since I executed the trade for real as well the 10.50 was real. I won't be able to see those disparities when I look at the quotes and execute a paper trade. I'll assume that they'll all even out in the end, some high some low on the call for paper trade.

Another issue I've noticed that I've been looking at the covered writes a lot of the same names will come up that meet the same criteria, so I may need to come up with a rules based system to expand my eligibility of stocks/ sectors,



To: J.B.C. who wrote (11)1/16/2015 11:49:33 AM
From: J.B.C.  Respond to of 32
 
When I used "Option Cost" in my Excel sheet that I copy and paste it is what I was paid for the option.

Also, I need to create a spread sheet that tracks the equity cost and the option premium for this thread.