Monday, February 27, 2017

Cracker Barrel and Visa

These trades are within my Interactive Brokers trading account:


Personally, I haven't set foot in Cracker Barrel Old Country Store ($CBRL).  But I've done well with dining stocks before.  The yield is 2.85%.  This is a longer term hold for growth.

I sold a covered call on Visa ($V) out to Sept'17 with a strike of $95 to collect a premium of $231.  Behind the trade, I do not want to lose my shares but I still want to make some extra money out of it by collecting a premium along the way.


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