ford Covered calls question


I have about 2400 ford shares right now at about 18.00 Cost basis. I really don't want to have to sell but figured it's a pretty stable stock without lots of huge ups and downs and can choose a higher strike price and keep profits low and slowly buy that cost basis down. I am new to this and am looking to see how others would deal with this. Its obviously not going to get me rich, but seems like a good stock to learn off of.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *