Thank you for the video update. My question is that I now own 200 shares of RIVN. I know you have not mentioned selling covered call it is where to place the strike
You can view the Delta, but I do not. I sell what I view as the best risk/reward. For example, ask yourself what is the most likely strike RIVN will close BELOW, and then sell CC on that. When you do this, be prepared to allow those shares to be bought. If that happens, then simply sell puts. If you watch my videos in order, it should make more sense. You can always do what I did this week too. There is never a perfect way to do this. It's about skill and a little luck but just focusing on a recurring income
Another good info video for those of us that are interested. 👍💯
Thank you for the video update. My question is that I now own 200 shares of RIVN. I know you have not mentioned selling covered call it is where to place the strike
You can view the Delta, but I do not. I sell what I view as the best risk/reward. For example, ask yourself what is the most likely strike RIVN will close BELOW, and then sell CC on that. When you do this, be prepared to allow those shares to be bought. If that happens, then simply sell puts. If you watch my videos in order, it should make more sense. You can always do what I did this week too. There is never a perfect way to do this. It's about skill and a little luck but just focusing on a recurring income
I did notice 🤫 it's not on your playlist
I will put it in there. Thanks 👍