Covered Calls

[Joe Stocks]

gtober, Good points! To be honest with you this small account is not getting the attention that it should. I agree completely with what you are saying about timing and managing the trades. I pour over my accounts daily looking for ops to squeeze out some profits. Thursday I made several transactions in my larger accounts to take advantage of the long weekend time decay. I wanted to post those ideas then but ran out of time.

I am surprised you are 2-3 months out. I thought the percentage gains were best about 5 weeks out to the last week of expiration when premiums run out fast. I will have to look at the premiums closer.

I am very interested in your strategy. Please keep posting your ideas and thoughts. You have been doing this longer than I. Thanks for your participation.