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Re: littlejohn post# 111365

Thursday, 03/07/2024 7:25:13 AM

Thursday, March 07, 2024 7:25:13 AM

Post# of 114293
Rolling over covered calls after just a 20% profit would be less profitable because the premiums will rapidly diminish as the stock stabilizes. Instead of getting $1.10, the call will fetch just $0.50 within a day or two and $0.35 a week from now. These sky high premiums don't last long at all. If they did it would be easy to get rich quick.

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