Subject: Re: Getting complicated
" I sold 180 of the $620 OI.

I know it seems like a small amount of money. But it is a free $12K.

I can cover 100% of the puts with cash.

For the calls, except for the $620 all are covered by underlying stock. Even the $600's.'


There is a lot to unpack here. Are you saying you often, overwrite the calls, but far out of the money? You went out to jan 27?

You sold 180 calls? Do you have any single daughters or granddaughters who might be interested in a witty older man? Thank you.