RE:RE:RE:Covered calls
Hello everyone. A special thank you to MigraineCall and Swoosh for taking the time to explain it at large. Your replies have many valid points, some of which I have noticed myself over time.
In my case, I cannot sell more than 20 contracts from any given account, due to the stock allocation. So far, it has been quite difficult to offset the fees, since most of the WCP monthly calls have very low liquidity and investor interest, except maybe for the typical January 202x. And very little price erosion over time, which makes the "buy-to-close" tricky.
Speaking of low investor interest, is it just me, or do you also have the feeling that the vast majority of Canadian options, in general, are handled by the institutional investors?
One last question, if I may - does anyone know a "friendly" brokerage firm, when it comes to options fees?
Thanks again for all your replies.