Sandstorm Gold (SAND) is a Covered-Call Trading Sardine

Low stock price, reasonable implied volatility, and liquid contracts make it an covered-call candidate.

Photo by Sharon McCutcheon on Unsplash

Sandstorm Gold (SAND) has been a “trading sardine” for me for well over a year. What does that mean? It means that it does not meet my criteria to be a core holding in my portfolio but it does have characteristics that make it a good trading vehicle.