11-30-2017, 08:29 PM
Yes, I typically write covered calls when underlying is <200DMA. Helps take the sting off a down move.
When >200DMA I sell puts. Won't limit upside in an uptrend, if the stocks are PUT to me, it's at a good price (pullback) in an uptrend.
Helps smooth out the portfolio volatility.
When >200DMA I sell puts. Won't limit upside in an uptrend, if the stocks are PUT to me, it's at a good price (pullback) in an uptrend.
Helps smooth out the portfolio volatility.