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I do not like covered calls nor any derivatives that simulate covered calls.
The reason why is that they have too much upside risk. There is too much risk that the price will increase and that I will lose out of potential value as I hold to cover.
The reason why is that they have too much upside risk. There is too much risk that the price will increase and that I will lose out of potential value as I hold to cover.
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I think its great, pick something volatile and do both covered calls and covered puts.
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