XOP ITM CC

Placing an in-the-money covered call on XOP here, as the price is falling.

+100 shares of XOP @ $43.07
-1 Nov 20 short $43 call @ $6.83.

DTE: 73
Ext: $2.80
Breakeven: $40.20 (14.5%)
Div: $1.35 (2.9%)
Ext ROC: 6% ($2.8/$43.07)
Ann. 29.8%