Global Feed Post Login
Replying to Avatar Ernst Wittenschläger 🇨🇭

Thanks Cam, yes indeed - this would be a part of the Wheel Strategy I will try: sell a covered call, if the strike hits and I'm assigned to sell my contract, I will immediately sell a put below the current strike, collect the premium and wait to be assigned if/when my contract closes ITM....rinse, repeat. I need to fine-tune the optimal expiry & deltas for both calls & puts. Thanks again.

Avatar
mccarroll 1y ago

30 days utilizes maximum theta (time decay)

Reply to this note

Please Login to reply.

Discussion

No replies yet.