Building a Position in Amazon (AMZN)
Stock Market Options Trading
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How Do I Sell Covered Calls on Stocks?
In order to sell a covered call on stock, you need to have 100 shares. So I started this strategy or this building a position I should call in August. Amazon had made a new low, but it had popped out of a range. And at the time I bought the first 100 shares, it was trading for about $134, $135.
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