Here is the deal, the deep ITM LEAP call that I would be buying would have about 75-85 delta, and which basically mimics a covered call from the onset with a lower capital requirement of actually having to purchase the stock/etf, however I have tweaked it slightly instead of buying an ATM LEAP...
Hi All,
I have been working on testing and perfecting this strategy for a few years now, ON and OFF periodically and can't for the life of me find a losing scenario over a 12-month or longer term period.
I'm thinking this can't be, so I'm turning to you guys if you can tell me if I am...