Covered Calls Strategy
We recommend you treat stock as a commodity, traded to generate monthly income. When writing covered calls it's important that you like the stock's short-term potential and to buy stock that's going up.
By writing covered calls, you're making monthly income by selling upside potential of stock to speculators. It's to your advantage if the stock is called away. If you sell low risk ITM covered calls, your profit ((strike price+premium) - stock cost) is locked in when you sell the covered calls.
A Single Girl
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