I rolled over my covered call option on HYG to a later maturity date, capitalizing on the continued strength of high-yield bonds. Despite earlier recession fears, the U.S. economy has achieved a soft landing, with inflation trending lower and the labor market remaining strong. This resilience supports demand for high-yield bonds, which have outperformed broader fixed-income markets in 2024. By extending my covered call position, I aim to capture additional premium while maintaining exposure to this resilient segment of the bond market.
| Side | Price | Realized P&L |
|---|---|---|
| Sell Open | 0.15 | -- Closed |
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