5 TRADING MISTAKES YOU SHOULD AVOID

Avoid the Five Fatal Trading Mistakes and Start Winning in the Market Place

Avoid the Five Fatal Trading Mistakes and Start Winning in the Market Place

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Avoid the Five Fatal Trading Mistakes and Start Winning in the Market Place

Free course

Trade of the Week – CSL.AX (CSL LIMITED)

Trade of the Week – CSL.AX (CSL LIMITED)

Trade of the Week – CSL.AX (CSL LIMITED)
Australian Investment Education

With CSL Limited (CSL.AX) running hard since October options expiration, we have seen a decent improvement in our trade. At options expiry, we opted to roll our calls forward to November 67.00 Calls, collecting an additional $1.41 in call income and maintaining exposure to CSL.

Today having closed at a combined price (stock and call) of $66.46 we have locked in a gain of $3.285 (5.09%) per share or 85% of the maximum profit available if we were to hold this position all the way to options expiry in 4 weeks. This is the most efficient use of capital as it free up funds to redeploy in new November Covered Calls.

CLS.AX Trade Recommendation Entry Video

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about Matthew Brown

Since 1998, Matthew has been involved in the Financial Services industry providing stock, option and CFD advisory services, trading advice, funds management and education services. Matt is an Authorised Representative of Halifax Investment Services, providing analysis and recommendations for trading Covered Calls in the US markets and using Exchange Traded Funds (ETFs) ...

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