No. of Recommendations: 0
On April 2nd the DNR June 19 call was trading at 1.12 when DNR was trading at 18.90 for an approximate 5.9% return for 74 days to expiration. The covered call return was 28% annualized. The graph for the call shows that it peaked near the first of May at near 1.30 and then declined rapidly and quit trading by the end of May.

Do not know how to share a graph on this board but can use the ThinkorSwim platform to generate graph with OnDemand. The option code is DNR1206C19
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.