What is the best way to research covered calls, which ones have the best returns or the most likely to be filled?
Spend about 20 hours reviewing this site... Then come back and ask that question... One size does not fit all... https://www.investopedia.com/financial-term-dictionary-4769738
Start with the premise that, if such calls existed - i.e., ones that had "the best returns", etc. - then everyone would want to sell them and no one would want to buy them. That would immediately bring down their price, making them no longer "the best". Tip #1: "a fool and his money are soon parted" is nowhere more true than in the market, where "soon" is often measured in nanoseconds. Tip #2: If you sit down at a poker table without knowing who the sucker is, then you are it. P.S. @Cabin1111's advice is a reasonable start. Search for "covered calls" here and read, read, read.
You can do a buy/write. Not much to know about with covered calls. I mean they're kind of a win-win if you don't mind holding or selling.
Not if the underlying drops significantly, nor if you consistently misread the price move in it. CCs are a mildly bullish strategy, and have their uses, but calling them a "win-win" is overstating it a bit.
Why would you sell just because there's a huge drop? That's the worst time to sell. If you're using stop losses then there's no hope for you anyway.
Congratulations; I'm stunned by the amount of idiocy you've managed to express in just three short sentences. Is there a reason for your silly strawmanning, are you just trying to weaponize stupidity, or are you simply this abysmally ignorant? I didn't say anything about selling after a huge drop - but your net liq will drop whether you sell or not. As to the "worst time to sell" - are you deluded enough to believe that you "know" the stock will ever rise again? Since you've brought it up, though, let's consider stop losses - which I had also said nothing about. Are you stupid enough to ride a stock down in flames no matter how low it drops while praying that it will "bounce", or is there some point - you know, what most people call a "stop loss" - at which you'd say "I was wrong about this stock", and take the loss before it spirals into a suicide trade? Perhaps sneering at stop losses - whether mental or explicit - is not the smartest approach.
It can turn out to be win win win win and LOOOOOOOOSE if underlying tanks big way even with blue chip stock, beware there are people selling this strategy as some sort of best there is ,,,or another one wheel strategy.... looks great but can go wrong