Hello Investors,
We entered into a new position today. This is a covered call trade. We think the upside profit potential from now until September 18th is interesting. The details are as follows:
New Trade Idea: AIG Covered Call
Buy 100 shares of AIG
Sold to open: AIG Sep 18th 36.00 strike call
Limit debit: 29.94
Max reward = 6.06 or $606.00
Max risk = Unlimited in the stock down to zero
Here is a screenshot of the order: