Hello. I’m not having good luck with picking the direction on calls and puts. I want to try covered calls on my Disney and Visa shares so I can make some of my money back. After I sell a covered call, when should I buy it back to make the most money? Should I hold it for a year, month, week, or a couple of days? How much room should there be between the stock price and the strike price so I don’t risk losing my stocks? I want to hold on to my Disney and Visa shares for the long haul.
Thank you.
Hello. I’m not having good luck with picking the direction on calls and puts. I want to try covered calls on my Disney and Visa shares so I can make some of my money back. After I sell a covered call, when should I buy it back to make the most money? Should I hold it for a year, month, week, or a couple of days? How much room should there be between the stock price and the strike price so I don’t risk losing my stocks? I want to hold on to my Disney and Visa shares for the long haul.
Thank you.