June was an interesting month where I learned a few things about calls and the pitfalls.
I had written covered calls for:
MO $21 strike
WFMI $41 strike
T $25 strike (these were exercised)
PG $62.5 strike
COST $62.5 strike
The market did not agree with me this month and the portfolio took a hit. This month, I am paying more attention to the market action. I do believe that we will head upward from here. I will strategically plan to sell calls on the stocks I own when they reach a higher price and the calls are more attractive for selling.
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