No. of Recommendations: 0
Hi everyone,

Please see, the original post in this thread.

In pursuit of my announced strategy to exit my position in Netflix in my taxable account, when TMF's trading rules permit (no sooner than the third market day following this post), I will be rolling the covered call I wrote after my previous announcement by buying to close that call and selling to open a new call at a higher strike price and later expiration date.

This announcement is to satisfy a requirement from the Fool's legal department because I will be obliged to sell shares of a holding of the Messed-Up Expectations portfolio without first selling the shares held by the MUE port if the call is exercised. Note that this action is for personal, portfolio management reasons and is not a result of any change in sentiment on my part for being long Netflix. I will continue to hold Netflix shares in my Roth IRA account.

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.