As you all know, I am calendar-challenged. My wife Rosi is our fearless intrepid investor and I place the covered call sell orders on her behalf.
She had yesterday’s request denied because the covered call sales that we placed the previous week had a two-week expiry date and were still in place.
Nevertheless, for those of you who have not bought Intuitive Surgical (ISRG) shares to allow you to sell covered calls on them, the approach we described yesterday still makes sense and you might want to consider it.
Next Monday, August 22, we will report how she did for the week ending on Friday, August 19, and her plans are for the week of August 22 to August 26.