I realised I could sell covered calls on my Treasury Wine Estates position. I haven't sold options in decades, I think. I sold 150 Aug 2026 5.50 calls (There are 100 shares per contract). This strike is 10% above the current price. I would be very happy if the position gained another 10% in three weeks. I think it is pretty unlikely though, so can pick up 2.5 cents per share (minus commissions). It's mainly just for fun, but if I did this consistently, it would provide a decent annual yield. I always like the idea of selling options–getting the opportunity to create securities out of nothing, seems like magic!
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