I don't have any positions in LLY, but I have a few traders with some longer term holdings. This would be getting called away for a 10% gain (higher than where it is now)
Near an all time and over some earnings. This would be like the 5th covered call in a row. That + dividends means some Real Life Traders are up over 15% right now.
Near an all time and over some earnings. This would be like the 5th covered call in a row. That + dividends means some Real Life Traders are up over 15% right now.
Comment:
This particular LONGER TERM / boring / dividend / blue chip / buy and hold play.. the covered call could be bought back for .43 cents likely. Possible double bottom coming in on the daily
Comment:
Double bottom playing out! :)
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