fbpx

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

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

Read More »

Ruchira Gulati

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

Read More »

Ben Hathaway

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

Read More »

Christine Hermans

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

Read More »