No. of Recommendations: 7
Realize we all have unique situations, but we have a lot of similar objectives as well. Are those that write covered call writers relatively content if their net profit (from writing calls+forced sale of shares) is over 1.55 range as well (say for June 2024 calls) or is there a different goal and mindset? Thanks.
I am far from an expert on options, but one thing I have learned is that you should assume that any option contract you write might get executed and that you would be happy with those terms. If you would not be, don't write it.
