Ep. 179: How To Roll A Covered Call

In today's podcast, we will talk about “Rolling A Covered Call Option”

Rolling a covered call is a strategy where you buy back the call that you sold and sell another call option - usually with a different expiration date - at the same time. 

Today, will discuss the Why, When, and How:

1.) Why would you roll a covered call?

2.) When Should You Roll a Covered Call?

3.)How To Roll A Covered Call?

-Rolling up and out

-Rolling down and out

4.) Can you roll a covered call forever?

Recommended Links & Videos:

Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb

PowerX Strategy Book: https://bit.ly/2wMQ7zW

PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB

RIDE Trade: https://www.youtube.com/watch?v=B1nfc2LP-ic

Trading Taxes Explained: https://www.youtube.com/watch?v=laMtU3KFzSI

Pattern Day Trader Rule Explained: https://www.youtube.com/watch?v=bZaHtJc6TJ4