As expected $VZ didn’t suffer during tarif tantrum. If you are doing covered call, dividend is part of your return and know institutions are very active in the dividend capture trade in this name. So your call should be beyond couple of weeks and should have some premium to discourage being called. The options have dividend priced in, there is very little volatility priced in. Even if you beyond 3, 6 months, with some downside protection, you are not going to get any volatility in the premium.
For me it is not a good covered call candidate. Unless you own the stock for a longtime with a low cost basis and want to supplement dividend income by writing some covered call…
