I chose VOO because of the lower expense ratio over SPY. However, I'm finding it very hard to find a good price to sell covered calls on VOO because of the liquidity. What options do we have here? I have a lot of unrealized gains so moving my position over to SPY for option liquidity isn't something that I want to do right now.
How are others finding a good price for VOO options?
Advice on VOO covered call strategy
byu/Gold_Audience_1662 inoptions
Posted by Gold_Audience_1662
1 Comment
Don’t do this. VOO is low liquidity. Not a good idea. VOO is for investing, SPY is for trading. Don’t confuse the 2