/biz/ - Business & Finance

>>16476967
absolutely do it. writing covered calls is the ONLY way to Make It (tm). I recall reading a study on writing OTM specifically on SPY, they found writing 2% otm monthlies to be one of the more significantly viable methodologies. Now, I'm sure very few anons (myself included) have the available capital to write on SPY, but that's ok because there's a lot of shit out there. In my personal opinion and experience, you want some sort of bluechip with around 10% to 25% implied volatility, writing weekly to monthly (whatever you're comfortable with), for insignificant returns. I currently write on AMD, pic related.