This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
Lincoln National is a holding company. Through subsidiary companies, Lincoln operates multiple insurance and investment management businesses. The company was founded in 1904 and is headquartered in Radnor, PA.
Strategy: Buy Lincoln National and offer to sell the July $18.00 strike or lower call for 52 cents over the intrinsic value.
I will look to close out the covered option with a gain of about 18 cents, plus dividend. The most I can make is 60 cents, if I hold the covered call through option expiration day and the stock gets called away.