Covered Calls on SLV & ZSL

Discussion in 'Metal Futures' started by xeys_00, May 17, 2011.

  1. xeys_00

    xeys_00

    OTM Calls on both? Looks like if you're careful, you can get a good yield on your money. Am I missing something here? Assuming I am gonna keep the strike above 20% of what I paid, it seems that as long as don't scare and sell, I can just keep "selling lottery tickets".

    Am I Right?