I ran some numbers and it seems calls would be more expensive if hyperinflation hits (ie 60% interest rates etc..) so a call that is worth 46 cents would then be worth 1.08 I own lots of multinational stocks so I figure covered call writing would provide a good hedge in the future vs Fixed income? Just planning for the next 10 years
If you can predict IR going to 60%, how do you know the IR won't double that, in which case, call writing will cost you a bundle.