I am recommending we sell calls against our uncovered shares in CVS Health (CVS), KB Homes (KBH), Starbucks (SBUX) and Western Digital (WDC).
CVS Uncovered Shares
Current Stock Price: $85.26
Cost Basis: $85.35
Action: Sell to open the CVS Aug Week Four (8/27) 86 Call for around $0.51
New Cost Basis: $84.84
KBH Uncovered Shares
Current Stock Price: $41.25
Cost Basis: $45.78
Action: Sell to open the KBH Sep Monthly (9/17) 42 Call for around $0.95
New Cost Basis: $44.83
SBUX Uncovered Shares
Current Stock Price: $115.23
Cost Basis: $116.68
Action: Sell to open the SBUX Aug Week Four (8/27) 116 Call for around $0.58
New Cost Basis: $116.10
WDC Uncovered Shares
Current Stock Price: $60.79
Cost Basis: $64.51
Action: Sell to open the WDC Aug Week Four (8/27) 63 Call for around $0.34
New Cost Basis: $64.17