Thank you i will look at it next week one thing that bothetrs me is earnings this thing is going to move big imo and if I understand the goal of selling otm options is for the stock to stay rangebound.
as long as your calls are covered you can't get hurt on the upside. You will repair if the stock goes up and have the put priemium for your efforts. The worst senerio is not to the upside but the downside. If it breaks below your put strike price then you are no longer repairing instead the hole is geting deeper.
Something to think about? I think I should wait until after earnings for the thing to settle down and then try this. I have a lot of downside if they miss maybe I should buy one of those april 165 for a 1.70? I think earnings are on the 21st and exp is the 22. Thank you!!