[mrfusion]

It sounds good. I just can’t wrap my brain around it.

Basically if you get called out you wait for the price to come back down and buy in?

If it was a hot stock though you could be burned forever if you miss the rocket takeoff.

[xwdv]

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.