Either selling the calls and then watching the stock for a pull back and then purchasing shares or selling a putFJ43 said:Do you own these shares already meaning selling covered calls?cptthunder said:
I looked at this late Friday as I was winding down for the week and saw that IDEX had a big jump and is continuing Pre-Market. Im thinking of playing this using one of OAs covered call strategies by either selling covered calls out until April or so that should put the entry price just under $1 based on premiuims from friday.
Is this a terrible idea?
Im trying to see how premiuim looks first on both