user
Terra Incognita
05-07
I opened 1 lot(s) $ANF 20250606 85.0 CALL$  ,

ANF: collect 1.9% premium on this covered call with lowered strike at $85.

Contract expires in 5 weeks on 6th June. 

ANF is making lows and been bearish and had been down 65% off its May 2024 peak. 

Since I have these on average of $100, will be incurring loss if calls ends in the money. Will decide what to do with it when expire nears. 

For now ANF suffers tariffs headwinds as most fashions products manufactures in high tariff countries and also facing possible declining consumer spending should US economy cools. 

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