... for a 378.53 debit.
Comments:
Similar to my IWM February 16th 187 Monied Covered Call Post. (See Below).
Metrics:
Buying Power Effect/Break Even/Cost Basis: 378.53
Max Profit: 6.47 ($647)
ROC as a Function of Buying Power Effect: 1.71%
ROC at 50% Max: .85%
Generally, take profit at 50% max; roll short call down or down and out defensively on test.