The market is giving us a chance to sell covered calls on a couple of our positions, as well as roll one call out a week.

TRADE ROLL
AbbVie (ABBV): 156.51

AbbVie’s stock has continued to hold up through the first quarter post-Humira going off patent. Let’s roll our calls out one week ahead of the ex-dividend date on April 13.

ACTION:  Roll the ABBV 31 Mar 157.50 call to the ABBV 6 Apr 157.50 call for a net credit of around 0.75 to 0.80

Buy to close (BTC) ABBV 31 Mar 157.50 call
Sell to open (STO) ABBV 6 Apr 157.50 call

COVERED CALL
Dow (DOW): 53.46

Dow has been on a nice upward trend giving us a chance to sell a covered call. Let’s go out to the April monthly expiration and sell a 55 call.

ACTION: Sell to open DOW 21 Apr 55 call for a net credit of around 0.75 to 0.80

COVERED CALL
Gilead Sciences (GILD): 81.38

Gilead Sciences has traded higher the past few days, giving us a chance to sell a covered call.

ACTION: Sell to open GILD 14 Apr 83 call for a net credit of around 0.70 to 0.75