News for hackers. Stuff that matters.
Re:Ask HN: What was your best passive income in 2020? by xwdv on Sunday December 06, 2020 @04:55PM (#25326998)
Don’t let it get that far. If the stock is ripping up and you think it’s going to assign then you buy back the call (for a loss) and roll out to a new covered call at a higher price and further away.

The true risk is if the stock suddenly gaps up without warning, not the slow gradual climb in price. But that’s really around earnings time and I don’t sell calls during a stocks earnings.

There are no comments on this comment yet.