Closed Trade – EGO covered call

Stock / Symbol: Eldorado Gold / EGO
Option Strategy: Covered Call
Price at time of Trade: $16.95
Price at expiration day: $17.08

Max Risk: $1,632
Realized Return: 3.68%

Analysis: With EGO closing over $17 on Friday, we were called out for a 3.68% return.

Trade Details:

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

Non-members, click here for access

Speak Your Mind

*