Sunday, 4 February 2018

Sold a Call on CSCO

In May 2017, I purchased 100 shares of CSCO @ $31.15. Since then, I have received 3 dividend payments and the share price has risen to about $42.

On Feb 1, I sold a Call in CSCO:

The most likely outcome is that I will BTC the call at some point. Other outcomes are:

1. CSCO is trading above $42.00 at expiration. I will have to sell my shares.

2. CSCO is trading below $42.00. I will get to keep my shares as well as the premium.

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