Now this is a tricky one.
As you can see, the potential roll to consider is $210-$230 which would get me a great annual premium. But, I believe this stock is meant for $300+ prices, aiming for that to happen Q3/Q4 2027. Also, owning it for some more time will help with taxes - hence why I want to keep holding.
What I hate doing..is having CCs during key events..and I got on the hook with this $210 cc which is a very rare thing for me and yeah, this is where CCs suck..anyways theres bunch of events coming up on a stock and I'm bullish on but have to roll a cc, sucks..
My options:
1. Roll up & out
a) sell a single higher strike (like $240–$250) for a later date like from the image
b) sell multiple ones with lower dte (with time)
2. Close the call & hold shares
Buying back the $210 call costs \~$2,800
I'd still be down on the wheel overall, but own the stock that I'm bullish on
3. Take the L
Let the call get assigned with a $3,900 loss on the wheel, 1K loss on mrvll overall.
