Sell New Calls on JD and EQT
On Friday the July calls that we sold against our JD and EQT stock positions expired worthless. Today, both stocks are trading higher, and I want to sell a new set of calls against each. Here are those trades, and approximate prices.
JD – Sell the JD August 65 Calls (exp. 8/19) for $3.50 or more
EQT – Sell the EQT August 40 Calls (exp. 8/19) for $1.75 or more
Tomorrow morning, I will update you where we stand with these positions at the same time I release the new covered call idea.