Dynamic trading with KHC. Yesterday we closed two of our calls in profit and wrote 3 new ones because KHC reported numbers today. The earnings have been dissapointing and the stock gapped down about 5 %.
All our calls from yesterday have been closed with +67 % premium profit.
We renewed like follows:
Sold covered calls Jan17´25 and Apr17`25 @ 35
We want to trail out of KHC and are trading agressively to get the shares called away, time will tell.