In this week's episode, sprocket888 talks through the details of a covered call play deployed on $PGR. While this example is on $PGR, the mechanics can be used everywhere. It is essential to understand the why and the how of the trades so that you can take the technique and apply this to any underlying that you like.

  • 00:00 Disclaimer
  • 00:19 Intro
  • 01:00 The motivation behind the $PGR trade
  • 02:46 The $PGR opening trade details
  • 07:23 Squeezing some extra juice from $PGR
  • 12:25 5.6% return in under 30 days
  • 15:24 Conclusion
  • 17:20 Closing Comments

Join Blockhead Traders in our Discord: https://discord.gg/89Zywff

Follow sprocket888's trades: https://www.thetagang.com/sprocket888