Opening (IRA): EWY January 17th 52 Covered Call

40
... for a 51.50 debit.

Comments: Primarily in this for the dividend, since the ROC %-age without it kind of blows chunks. The last four distributions were: .63, 1.68, .70, and 1.65. Would appreciate something in the neighborhood of 1.00 (please and thank you) ... .

Metrics:

Buying Power Effect/Break Even: 51.50/share
Max Profit: .50
ROC at Max (Excluding Dividends): .97%

I generally look to take profit on these at 50% max, but will wait for the dividend to drop to see what's what ... .
Trade closed: target reached
Awww. Shares called away. .50 ($50) profit.

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