Comment on Application of Option Greeks

gurumrao commented on 23 Aug 2014, 06:05 PM

Thanks Karthik for the structured explanation. I would like to know more on writing covered calls. Usually I write OTM calls at the beginning of the series. If the underlying stock moves up, I keep averaging my write position. Allow it till expiry. While I do end up with profits, it is very uncomfortable to keep monitoring the movement every day and average the positions. Is there any specific methodology in writing covered calls – (a) selecting strike price; (b) when to take position; …

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