There is a HUGE problem with your covered calls right now...


I bet many are ITM and you are rolling up and out like you follow the herd to do...
The problem with the CC roll is that you are rolling in the direction of the EPS growth.
Why does that matter?
Because EPS growth is very strong right now & where EPS goes is where the stock price usually goes...
So getting your CCs to expire worthless is tough now.
Upside is capped.
Downside was never actually protected.
Bullish to buy the shares/
Bearish to sell calls against them and cap upside.
You are betting against yourself in a way...
So now what...
You let your shares go and leave money on the table.
Or you can hope the share price falls so the contract expires OTM...
But think about that...
You want the share price to fall so the sold call expires worthless but at the same time you have shares in your account that you want to fall for that to happen...
Makes absolutely no sense.
You are bullish and bearish at the same time
Covered calls a huge trap...
I have said this 800 times on YouTube & X for years...
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