Its about time Encana (ECA) was finally called away.

As you may recall, back in October I thought about which path to choose for my outlook for ECA. Well back then I had picked "C" as my choice. With "C"having a option premium price of $2.10 per share and a strike price of $17/ share which prepaid me $1033.76 (after commission ) with an expiry date of April 18th.

As of yesterday and 5 weeks early from expiry the buyer had in fact called away me shares. This buy back added cash back into my TFSA of $8457 after commission.

If your wondering what my total return was,
Bought (net)    ($ 9584.00)
Dividends        $   304.80
Total Options  $  1792.56
Sold (net)        $ 8457.00

Total return $970.36 (net)
or 11.47% not a bad return, could have been better thou.
 Now onto looking for the next stock to access and write covered calls on, stay posted!

Till next time, happy trading.