What is Nostr?
Ernst Wittenschläger
npub1yef…hd7t
2024-12-29 19:05:18
in reply to nevent1q…ngcp

Ernst Wittenschläger on Nostr: Thanks Cam, yes indeed - this would be a part of the Wheel Strategy I will try: sell ...

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.
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npub1yefur0vrw83kg2jyjq8r5pr5gx6upjkfzcz76wayk5dqp2c9tqpqa2hd7t