Our CVS Health (CVS) call expired worthless on Friday, meaning we currently have an uncovered share position. Rather than sell another call, I am recommending we exit the position by selling our shares.
We have a nice profit on a position that was underwater a little over a month ago.
Current Stock Price: $86.11
Cost Basis: $83.24
Action: Sell shares at market
Profit: $2.87, or $287 per 100 shares