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).

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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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Published by bigfry

Hi, I’m Nathan. I majored in Finance and minored in Piano Performance at Boston University (graduated in 2020). Outside of trading/investing, I enjoy programming, teaching and playing piano, teaching and playing Go, fishing, and watching anime. I also started my own Boba company while at BU. I'm currently teaching Go full time, which has been the best job I could ever hope for. I'm also currently attending the App Academy bootcamp which started in January 2023.

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