Published On: Thu, Mar 2nd, 2017

UPDATE: Closing covered call on TD Ameritrade — #SaxoStrats

InstaForex

Background

We had suggested a covered call trade on TD Ameritrade on February 14. But shares in TD Ameritrade (AMTD) have been under pressure and, at the time of writing, are trading at $ 39.60, below our $ 45 target.

Management

We will close the covered call at a loss of $ 300 or 7%.

— Edited by John Acher

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