Trade Alert 3/24/2025

We have now passed March monthly options expiration. As such, many of our covered calls expired for a full profit of the credit received. We have replaced them this morning as follows: Selling a cc on EQT and this is 50 shares “naked” because we will have 2 short calls and only 150 shares of stock. Sell to open: EQT June 20th (monthly) 60.00 strike call Credit: 1.74 Sell to open: CCJ May 16th (monthly) 50.00 strike call Credit: 1.45 Sell to open: OXY May 16th (monthly) 55.00 strike call Credit: 0.44 Sell to open: X May 16th (monthly) 47.00 strike calls Credit: 1.95 Turning NKE into a call butterfly with the following addition: Buy to open: NKE April 17th (monthly) 70.00 strike call (ratio of 1) Sell to open: NKE April 17th (monthly) 75.00 strike call (ratio of 2) Debit: 0.63 These two legs will combine with the long 80.00 strike call we own from our prior diagaonal spread trade. All of these orders have been filled, we will discuss in class this morning!