New Trade – covered call

Stock Symbol: [private_monthly]EGO[/private_monthly]

Price at time of Trade: $16.95
Target Price: $18
Max Risk: $1,546
Uncalled Return: 3.82%
Called Return: 3.82%

Strategy: Covered Call

Reasoning:This stock has strong fundamentals and is currently trading in the low range of it's trading cycle, giving it more room to the upside than downside.

Trade Details:
[private_monthly]

Buy 100 (EGO) @ $16.92 $1,692.00
Sell -1 EGO Nov10 17 Call @ $0.60 ($60.00)

Requirements:
Cost/Proceeds $1,632.00
Option Requirement $0.00
Total Requirements $1,632.00
Estimated Commission $22.90

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Chart:

[private_monthly]

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