Trade Education: Covered Calls
Executing a covered call strategy involves taking a long position in a desired asset and writing (selling) call options against this asset.
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Author: Jim Mackay
Friday: Day to forget as ASX plummets a considerable 2.4%
Australia’s S&P/ASX 200 plummeted today, down 2.4% by end of days trading, as tech stocks drag down the index.
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Thursday: ASX lifts 0.8% to reach 6834 points as Aussie Dollar hits three-year high
Australia’s S&P/ASX 200 plummeted today, down 2.4% by end of days trading, as tech stocks drag down the index.
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Wednesday: Gains from yesterday erased as market tumbles 0.9%
Australia’s S&P/ASX 200 share index slipped 0.9% today to reach 6,777.80 points off the back of a weak performance from the NASDAQ.
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Tuesday: Banks and miners lead charge as ASX adds 0.9%
Australia’s S&P/ASX 200 share index added 0.9% today as the banks and miners pulled the index up throughout the session.
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