🔴Covered calls are one of the worst options strategies out there.

Why?

Because you are betting against yourself...

You own shares (bullish)
You sell calls (bearish)

How are you bullish & bearish at the same time...
Makes sere sense.

One of 2 things will likely happen to you.
1. Your shares will gap way up and you will be forced to sell them well below current market price. (most common)
2. Your shares will fall quite a bit and it woulda been much better to just sell the shares straight up instead of generating a little cash flow on the way down.

You aren't a genius collecting peanuts in premium selling CCs when your shares fall 40%

You also aren't a genius capping your upside.

Bullish? Buy shares, sell portfolio secured puts, buy calls (all options 1+ year in duration)

Bearish? Sell shares, buy puts.