Trading Mentors 3/19/24

 

We have sold a covered call against our TMUS shares as follows: Sell to open: TMUS May 17th (monthly) 175.00 strike call Credit: 0.88We have sold a covered call against our NEM shares as follows: Sell to open: NEM May 17th (monthly) 37.50 strike call Credit: 0.70 We have sold a covered call against our DKNG shares as follows: Sell to open: DKNG May 17th (monthly) 50.00 strike call Credit: 1.34 We have added a 1×6 call spread against our GOLD shares. This only works if you own 500 shares of the stock. If you own 200 shares for example, then you would do a 1×3 call spread and so forth. Your credit will be lower the fewer the shares you own. But the general outlook will be the same. Buy to open: GOLD May 17th (monthly) 16.00 strike call (ratio of 1) Sell to open: GOLD May 17th (monthly) 17.00 strike call (ratio of 6) Credit: 1.09 – please adjust according to how many shares you own!