Covered Calls

[farooq]

You can write 15 % out of money calls on them every month.
Walmart usually does not move that much, you still need to watch stock chart if trend is up then wait.
Remember there is still a little chance price can move that much and shares would be taken away and exercise price will be given to you.
In option writing exercise always have a chance so if you do not want to lose share then do not write options.


Farooq