Alan answers a question posed by Vinh, who asks:
I am new member. I would like to ask how much Delta to use to enter a covered call trade for in-the-money strikes to get adequate protection. I am looking at AMD trading at $50.10 for the July 17, 2020 contracts.
It’s the 2nd Wednesday of the month. Time for another original episode of Ask Alan. AA#181, How Delta Factors into our Strike Price Selection Become a premium member today, and tune in to the educational power of the complete library!
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