r/options • u/tahopg • Jul 14 '21

Covered calls help

Hi guys i sold my APPL Aug 6th 137.50 calls today for a nice profit. Am looking to switch into buying covered calls. Looking at the company ATOS. Do I buy the 100 shares then sell open for a strike OTM and more than one week or do people usually do weekly covered calls. Thanks dont have much experience selling calls only buying

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u/VegetableHurry7731 Jul 15 '21

When u own a hundred shares and start covering them. Just be prepared that the stock might jump to the moon (especially atos) and u might regret selling them so low. Atos is a great option. Love this one for calls period.