I did the same today, currently have 3 call option plays in progress
21/4 sold 10 ncmsu7, cost $27.69 per share, call premium on $28, strike was $1.00 for 16 days (7/3) on the 1/5 bought the ncmsu7 back for .055 and rolled it out to 25th June for another $0.845... thats over $1700 for 2 months on $27800 spend
Have 2 other plays $32 May & $33 May,. Today I rolled the $32 up and out to $33.expiry of 20th July, $0.86 option premium nett plus sell price increase by $1.00, will look at the $33 May one tomorrow
Also have had NCM for many years going back to the pre Lahir days, have probably written hundreds of calls on this stock and during that time ridden it up by the stairs and down by the escalators
Good luck to all those who have stuck with NCM , no doubt the SPP will be a sell out by my reckoning.
NCM Price at posting:
$32.26 Sentiment: Buy Disclosure: Held