Monday, December 2, 2019

Covered call activity on WMT

This call is strictly for short term cash generation.  WMT's high is $125.  I am buying today and selling this 47 day call to boost income plain and simple.   If I lose WMT, that is ok by me. If I keep it, I will cash the dividends and I will continue to sell calls.  You have to hurry if you want to capture the 12/5 dividend. 

M* MoneyMadam
Disclosure:  Long WMT with calls on some of the position