>>30068258
Covered calls for me so far have been great, I sell way out the money which probably loses me some overall profit but I am apprehensive of getting exercised on. I usually pick the closest to .2 delta 45 days out, and cover it when I've made half my profit, then do it again.
Selling long puts sucks though becuase I need so much collateral that I'd rather have in the market the whole time lol....why cant you use other stocks you own as collateral? Even if for instance SPY only 'counts' as half its current valuation for collateral purposes, thats enough for a single day because of circuit breakers...