Building a Position in Amazon (AMZN)
Stock Market Options Trading
Selling Naked Puts - Is That a Good Strategy?
In this particular case, the market was in my analysis, looked like it might be able to go higher. So I could either fight the $65 loss that I was going to take and try to roll it out or just let Amazon move higher without the covered call - which is what I did. It's not 100% when right when you're selling the covered calls. Some people, you know, might go with the wheel strategy where you're okay with getting called away and then you just start selling naked puts.
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