Subject: Re: BV
If we use $260 as best estimate of year end BV, current P/B is around 1.48 that figure. So I wonder whether I may be a bit too eager to write covered calls. I suppose anything that would would be exercised with a net over 1.55 seems pretty good imo based on Jim’s charts of projected and real performance post 2008.

Realize we all have unique situations, but we have a lot of similar objectives as well. Are those that write covered call writers relatively content if their net profit (from writing calls+forced sale of shares) is over 1.55 range as well (say for June 2024 calls) or is there a different goal and mindset? Thanks.