Rolling the covered call upwards for more premium @ a higher strike price. This would still be a profitable trade even though the lower strike leg is technically in 100% loss since it is nearly in the money, however, I can still profit with a lower chance that my shares will get called away.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -1.99 1 | -- Closed |
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- JackPowell·2025-02-19Great strategy, love your approach! [Cool]LikeReport
- DeltaDrift·2025-02-20Well planned!LikeReport