Managing Covered Calls With the Option Write/Rollover Tool
Interactive BrokersAlready own stocks? Discover how the Interactive Brokers Write/Rollover Tool can streamline the process of finding covered calls and rolling positions. #CoveredCalls #OptionsTrading #Rollover #IBKR #TradingStrategy 0:00 Introduction: Covered-call income — Using shares already owned to potentially generate income. 0:19 Set trade criteria — Choose a timeframe, percentage above the stock price, and target delta. 0:32 Find and select trades — The tool searches uncovered stock positions and presents potential covered-call trades to review. 1:04 Review orders — Check strike, expiration, quantity, price, and other details before submitting selected trades. 1:14 Manage calls near expiration — Let the call expire, close it, or roll the position; review the closing and opening trades and their net credit or debit. 1:42 Closing message — Explore the tool through an Interactive Brokers account. Timestamps aren’t available in the transcript. Campus Home: https://www.ibkr.com/campus/ Traders’ Insight: https://www.ibkr.com/campus/news Traders’ Academy: https://www.ibkr.com/campus/courses IBKR Quant: https://www.ibkr.com/campus/quant Cents of Security: https://www.ibkr.com/campus/category/podcasts/cents-of-security/ IBKR Podcasts: https://www.ibkr.com/campus/podcasts IBKR Webinars: https://www.ibkr.com/campus/webinars IBKR API: https://www.ibkr.com/campus/api Student Trading Lab: https://www.ibkr.com/campus/stl IBKR Glossary: https://www.ibkr.com/campus/glossary We are on Coursera! https://www.coursera.org/ibkr Open Interactive Brokers account https://ndcdyn.interactivebrokers.com/Universal/Application?utm_source=taYTAcc&utm_ibsource=taYTAcc Options involve risk and are not suitable for all investors. For information on the uses and risks of options, you can obtain a copy of the Options Clearing Corporation risk disclosure document titled Characteristics and Risks of Standardized Options by going to the following link ibkr.com/occ. Multiple leg strategies, including spreads, will incur multiple transaction costs.