4/4: Bought QQQ $158.70. Bullish Gap Engulfing at Major Support and r200-MA. 4/5: Sell $163 calls for $.45/share (expires tomorrow) to convert to covered call and reduce basis to $158.25/share, move Stop $156.62.
4/4: SPY – Bought at $262.45. Bullish Gap Engulfing at Major Support and r200-MA. 4/5: Sell $267 calls for $.93 (expires tomorrow) to convert covered call and reduce basis to $261.53/share, move Stop $259.78.
