Option Strategies For Beginners With Examples | Episode #16 | Covered Calls #3

In this short [Option Strategies For Beginners With Examples | Episode #16 | Covered Calls #3] video , we discuss how we are using the wheel strategy on Enphase in our covered calls Google sheet. We recently sold some puts and got assigned, setting our cost basis at around 69.10. Then, we put a Covered Call sell out at the recent high of 18.10, taking advantage of the wheel strategy. We also compare various strike prices and expirations for our covered calls on Enphase, using our Covered Calls Google Sheet, which you can access through the link in the notes. By monitoring the high price of the call for the day, we can make informed decisions on whether to sell now for a smaller profit or wait for more premium. Join us as we share our strategies and tips for maximizing profits with covered calls.

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REFERENCES
Weekly Trading Game Plan Notes for 12/2 – 12/6/24 - Part 2 https://docs.google.com/document/d/1QTDrSgYHChbAVBydTAkA1UiRepSajdhoXC47IBX7cVc/edit?usp=sharing

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#coveredcalls #coveredcall #wheelstrategy

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