📅 Trade Date: (8/19/2025)
📈 Ticker / Asset: United Parcel Service
- Symbol: UPS
- Type: Option covered call roll
- Strategy: Covered call Roll
💰 Entry Details:
-Stock Price:
-Contract Details:
-Strike: $88
-Expiration: 9/5/2025
-Type: covered call Roll
-Position Size: 1 contract
-Premium: $85
🎯 Reason for Trade:
When buying the UPS stock, my goal was to sell a covered call until the stock was called away for at least 2 dollars a share profit. That being said, I look for weekly rolls or calls to bring in premium without sacrificing the original goal. Purchased at $86.08, calls sold for a minimum of $88 strike.
📊 Exit Details:
N/A
📝 Lessons Learned:
______________________________________________________________________________________________________
⚠️ Disclaimer: This trade journal is for educational purposes only and does not constitute financial advice. Always do your own research and consult a licensed financial professional before making investment decisions.