Covered Calls-Writing Covered Calls

John asked:


I wrote an OTM covered call and the stock price rose to the strike price.

The option has not yet been executed and I am wondering what a good method would be to preserve the gain in case the stock price drops again?

The option now has quite a bit of time value so closing that position will eat away at half of the stock gains.

Is the best choice to just wait and hope the stock price doesn’t fall?

Sherril Pellegren

Keaton asked:


would it be like a pant leg or something idk.

Aleida Lane

Brad P asked:


They came in a little blue package and you could get either vanilla or chocolate. What are they called, whats the brand and do they still make them?

Karissa Bergener