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Taking Profit on AAL Covered Calls, Rolling Puts on INTC

Kevin Hamilton

Last night Israel launched an attack on Iran. The futures markets plunged hitting nearly -2% very quickly. However, over night the markets slowly recovered and looks pretty stable now as I'm writing this.

This brings some volatility back and if you have sold puts on specific stocks you may need to consider rolling those today, if you have sold calls on specific stocks you may consider closing them for profit on the dip.

This is how I'm managing two positions on AAL and INTC.