Friday, 12 January 2018

Closed my Call on GIS

As discussed in my previous post, I sold a Call option in GIS on Dec 26th. Since then, the share price has fallen a couple dollars and I decided to close the option.

On January 11th, I bought to close (BTC) the Call option. The transactions are:

Sold 1 GIS Call Apr 20 '18 $60 @ $2.43 ($11.20 commission + $0.01 SEC Fee)
BTC 1 GIS Call Apr 20 '18 $60 @ $1.38 ($11.20 commission)

I netted $82.59 over 16 days. 

I will consider selling another call option on GIS should the share price surpass $60.

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