Hi guys
i don't really mess with options...
but since we all hold stock and long, here is a question for you guys.
say we sell covered call option at x price (e.g 85) and get premium
obviously, if we don't touch that by expiration, we keep premium.
If it gets to 85 and our shares get called, why can't we just buy same amount of shares to replace them @85 or so and still get premium as well as retaining same number of shares?
I can't think of any drawback except if stock zooms way past 85 on some event that we can't purchase in time?
am i missing something?
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