2/22/2021 Sold my Roth Ira Mro position at $10.25, also sold 20 calls with 11 strike expiring 4/1. This turns my long position into a covered call (earnings later today).

Hi everyone. MRO hit at or near my final price target about 3-4 years ahead of schedule, so I sold 20% of it (the position in my Roth IRA) and I sold 20 $11 strike calls expiring April 1st to make my remaining shares into a covered call. The premium was actually pretty good (~$.70 per option contract).

I trimmed my position and sold calls today because I’m a bit scared of earnings volatility after market close today.

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