Interesting stuff here... I have been considering selling some covered calls on some blue chips I own.... my thinking is, if the stocks hit my sale price, I will be forced to sell (for a small profit after fees and tax) or if the stock moves sideways, I collect a little option premium, and if the stock drops, I am just long term holding a blue chip paying dividend like I am now anyway
Can anybody please offer advice on my thoughts?
Thanks!
