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

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

[jw_player file=”http://68ae6e408499dfc2c6e1-40cecf3cbedb61f0342f8d4c5cb58fad.r33.cf1.rackcdn.com/CSL_CCall_130913.mp4″ image=”http://68ae6e408499dfc2c6e1-40cecf3cbedb61f0342f8d4c5cb58fad.r33.cf1.rackcdn.com/CSL_Exit.png” height=”330″ width=”590″ autoplay=”false”]

Click Here To Receive Free Trade Recommendations

Recent Post

Trader of the Year 2023

June 27, 2024 No Comments

Retiring without enough income is a terrifying prospect for most people. But would you be worried about retiring if your investment income was $518k for

Trader of the Month – December 2023

February 9, 2024 No Comments

We hope you are getting stuck into the year ahead and the opportunities presented as 2024 gets underway! We successfully ran the Wealth Accelerator Program

Trader of the Month – November 2023

December 17, 2023 No Comments

As we close out the year, many Australians can expect a paltry return from their managed funds and Super given the ASX has had a

Ruchira Gulati

June 29, 2023 No Comments

I am enjoying my learning journey with Andrew. He explaines each and every thing in detail in tutorials. Team at AIE is always very helpful

Ben Hathaway

June 27, 2023 No Comments

The best in the business! The education and ongoing support is second to none. Highly recommend AIE if you are an experienced trader or want

Christine Hermans

June 17, 2023 No Comments

Unlike other programs that leave you high and dry Australian Investment Education are open and approachable at all levels of management. Their service is second

© 2024 All Rights Reserved

Quick Links

Legal

Trading Courses

CUSTOMER NOTICE

Wealth Magnet Pty Ltd (ABN 52 618 868 830) trading as Australian Investment Education is a Corporate Authorised Representative (CAR no. 1255231) of Grange Financial Services Pty Ltd (AFSL No. 488609).

The information provided by Wealth Magnet Pty Ltd t/a Australian Investment Education to you does not constitute personal financial product advice. The information provided is of a general nature only and does not take into account your individual objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice. Wealth Magnet recommends that you obtain your own independent professional advice before making any decision in relation to your particular requirements or circumstances. Past performance of any product discussed is not indicative of future performance. (We urge that caution should be exercised in assessing past performance. All financial products are subject to market forces and unpredictable events that may adversely affect their future performance). We may at times refer to third parties. Details of these third parties have been provided solely for you to obtain further information about other relevant products and entities in the market. Wealth Magnet has no control over the information third parties have, or the products or services offered, and therefore make no representations regarding the accuracy or suitability of such information, products or services. You are advised to make your own enquiries in relation to third parties. Our inclusion of any third party content is not an endorsement of that content or the third party.

Wealth Magnet Pty Ltd | Address: Level 1, 87-89 Upton Street Bundall QLD 4217 | Phone: 0755854285

© 2021 All Rights Reserved

Quick Links

Legal

Trading Courses

Wealth Magnet Pty Ltd (ABN 52 618 868 830) trading as Australian Investment Education is a Corporate Authorised Representative (CAR no. 1255231) of Grange Financial Services Pty Ltd (AFSL No. 488609).

The information provided by Wealth Magnet Pty Ltd t/a Australian Investment Education to you does not constitute personal financial product advice. The information provided is of a general nature only and does not take into account your individual objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice. Wealth Magnet recommends that you obtain your own independent professional advice before making any decision in relation to your particular requirements or circumstances. Past performance of any product discussed is not indicative of future performance. (We urge that caution should be exercised in assessing past performance. All financial products are subject to market forces and unpredictable events that may adversely affect their future performance). We may at times refer to third parties. Details of these third parties have been provided solely for you to obtain further information about other relevant products and entities in the market. Wealth Magnet has no control over the information third parties have, or the products or services offered, and therefore make no representations regarding the accuracy or suitability of such information, products or services. You are advised to make your own enquiries in relation to third parties. Our inclusion of any third party content is not an endorsement of that content or the third party.

Wealth Magnet Pty Ltd | Address: 36 Upton Street, Bundall QLD 4217 | Phone: 1300 304 500