We have been exercised in our covered calls on Newcrest Mining last Friday.

Therefore, we are starting a new buy write with Newcrest Mining today, using the same rationale we used on our post on the 7^th January (https://l2capital.com.br/pt/trading-journal-australia/):

Trades

Buy (Share)

Security: NCM

Price (AUD): 13.00

Date: 01/02/2016

Sell (Call)

Security: NCM call

Price (AUD): 0.93

Date: 01/02/2016

Strike: 13.00

Expiration date: 16/03/2016

We have had a return of over 8.5% on these trades in the last 2 months and are looking to get another 7% by the 16^th of March.