In the latest edition of the podcast, the boys break down the importance of management of the covered call.
- Manage the Strike Price: this is a subjective decision traders must make if they do not want to get the stock taken from them in an investment, as a position trade, the decision is typically made at strike sold.
- Management of Net Liquidation: This concept goes to managing the downside risk in a stock investment and is based on an understanding of the Option Greeks.
Timestamp
01:35 Market Skyline
44:20 Covered Call Management