A Funny Thing Happened with Covered Calls

When you invest in stocks and everything is red

  • you worry
  • you fret
  • the end is near
  • what to do?
  • sell?
  • hold?

When you sell covered calls and prices have risen, red brings prices back down making rolling up&out easier. If prices go too high you can buy the capital gains, the delta favors you.

My next trading days are during the week of May 15.

The Captain

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