Q: Hello Peter and Team
Some success in writing covered calls on US stocks in you last article. What would be your advice if the stock price drops significantly below the original buy price after the option expires. AAPL down over 10% last week.
Would you still consider writing a call option at a strike price well below your original cost?
Would it be a better strategy to stick to less volatile companies?
Thanks for the advice
Peter
Some success in writing covered calls on US stocks in you last article. What would be your advice if the stock price drops significantly below the original buy price after the option expires. AAPL down over 10% last week.
Would you still consider writing a call option at a strike price well below your original cost?
Would it be a better strategy to stick to less volatile companies?
Thanks for the advice
Peter