Seeking advise once again. I have already taken bqck my capital for my initial investment. The balance are all my profits. What should I do with the current holdings? Should I sell calls to collect weekly or monthly profits? (Not very good at options) Should I sell all and keep cash? Please drop me some ideas what to do with these profits. Appreciate all input. Thanks
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- Sandyboy·11-23Yes I will keep the remaining and carry out wheels. 1. Determine the band of movement that it trades in. 2. Sell calls at top of range 3. If not assigned let it expire. 4. If assigned sell put at bottom of range and wait till it hits that price. 5. Continue above.LikeReport