I use a "Covered Call Inventory & Decay Tracker" that basically acts as my flight dashboard. Every morning, I ask three questions:

    1. Do I have "Idle Inventory"? (Stocks I own that are currently not covered by a call).
    2. Is my "Decay" on track? (Checking the expiry dates and theta to see if the position is performing as expected).
    3. Is the market overextended? (Checking for overbought signals to see if it’s a high-probability time to sell).

    If nothing is flashing on my tracker, I go about my day. It prevents me from "over-trading" or forcing a play when the premium isn't there.

    What does your "boring" routine look like? I'm curious if others are using a similar "inventory" mindset.

    My "Boring" daily routine for managing short call assets
    byu/Solid-Strawberry-333 inoptions



    Posted by Solid-Strawberry-333

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