On May 31, 2021, from Dr. Sharon Bader of Lake Pleasant Dentistry, Peoria, AZ, USA
- We have been writing calls on Coca-Cola, just as a test case to get a feel for the procedure. Do we have to buy them only for 1 week or can we do 2 weeks ?
- How much can I estimate the stock to go up, I mean should I have a percentage?
Monday Morning Millionaire Program Answer:
Thank you for your questions, Dr. Bader.
Writing calls on Coca-Cola to get a feel for the procedure is a good idea. The risk in writing covered calls entirely comes from the underlying security, and Coca-Cola is a dividend aristocrat. The company has increased its dividend for more than 50 consecutive years! It is one of the largest holdings of Warren Buffett’s Berkshire Hathaway.YOU NEED TO LOGIN TO VIEW THE REST OF THE CONTENT OR LEAVE A COMMENT. Please Login. Not a Member? You can now sign up for $12 for a one-year membership. Join Us