Pfizer (PFE) was unable to punch through $37.50 this week. I am recommending we sell a call at that level to bring in income and reduce our cost basis on the position.
Current Stock Price: $36.80
Cost Basis: $38.65
Action: Sell to open the PFE Jan Week Four (1/22) 37.50 Call for around $0.39
New Cost Basis: $38.26