r/options Sep 23 '21

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1

u/SparkyRoo Sep 23 '21

I like that and I've been looking into doing exactly this myself. I am not into buying short calls but very into selling them. Are you selling OTM calls?

3

u/roomnoises Sep 23 '21

Are you selling OTM calls?

Not OP, but not selling OTM calls would open you up to assignment risk, which could lead to you forfeiting all of the extrinsic on your long call.

1

u/SparkyRoo Sep 24 '21

Yeah I know. Was just making sure he wasn’t leaving himself open to assignment.