Buy 5 BHP Feb 9.49 Calls

I bought them back at 0.105 (0.005 profit) to close out the position. That makes it my worst option trade to date. I’m out $230 in commissions. Something is going on with BHP and I have no idea. Neither does my broker. I could hold on, if BHP hits $9.49 I get exercised and pay selling commission, or the option expires worthless. Either way I have too much to do to hover over the markets hoping.

After calling the order, I changed my mind. I’ll tough it out and see what happens. I have the ALL trade’s profits as a buffer. Luckily (?) it was too late, the trade went through and my position is closed out.

If BHP continues to rally I’ll write a 9.97 call next and should get good premium.

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