Last month I bought ES at 884.50 and sold the Nov 900 calls at 35. With the market downturn, those obviously expired worthless, making my base price 849.50

I wanted to sell another call against the position, but decided to wait until a big pop in the markets to do so. Today I got that pop and I’ve sold the Dec 900 calls for 25, lowering my base to 824.50.

IMO today is a great time to enter a covered call on the broad markets.

Look for opportunities…

I’ll keep you posted on this position…