Do you think writing some Nov $41 covered calls is a good strategy right now?
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Since the premiums on the options are so good I'm writing calls three strikes out of the money and still pocketing a nice bit of change. I get the cash and I don't lose the stock at expiration date.
$41 would net you some nice premiums but you'd risk losing the stock. Unless you're not concerned about it being called away.
Sentiment: Strong Buy