Covered Call, page-8

Thanks Kemenya, I didnt realise IB had all those Functions.

Ive just been using Etrade, now ANZ trade etc.

Ive been doing this Covered calls for a while, but usually I was just selling naked Puts.

If I got assigned on a Put I would then sell the Call etc.

This was working fine Until alot of the stocks I had exposure to all tanked.

In some cases I couldnt get a call sold at my break even level, but a few stocks have recently recovered and Ive got Calls sold on them again now.

This is a Topic Im very Interested in. My Background is House Building so I dont have a financial Licence or anything like that.