This month I rolled out 6 BVF Covered Call options that in the case of 2 contracts would have resulted in the stock being called away from me at a price less than my basis. Rolling out the other 4 contracts simply resulted in additional option premium while allowing me to retain the stock and continue to receive the dividends. I also rolled out 1 BP Put option contracts that would have resulted in stock being assigned to me at a price greater than my basis than I desired. I also closed out 1 ZION Call contract for a loss. Those that I rolled out are shown as BTC (Bought to Close) in the Result column and have already been written about in prior posts.
The expired options listed below represent a total of $2,657.65 in option premiums, some of which may have been rolled out from prior months. Here are the summarized results:
I include those options that I rolled out during the month to present a more complete picture of the option transactions that I originally sold for expiration this month.
I have already sold new Covered Calls on some of those that expired and will be selling Covered Calls on the others soon. I will write about them in the next few days.
