$Lucid Group Inc Hello. I bought in late at $54 per share. I have collected $2156 in covered call option premiums this week from this stock and i still own the underlying stock bringing down my price to $32.44 per share. I may buy back the option and close my position and sell another covered call or maybe not. Ive already collected $2156 in premiums - keep in mind i bought in at $54 and the stock closed at $54.40 after hours and this week i still made $2156 in premiums that i already collected. If I simply bought the 100 shares and did nothing, i would simply have my 100 shares and think well that’s nice it is up 40cents. instead i collected $2156 and still own the underlying stock and im thinking, wow three hours of work writing calls, buying back my calls at a lesser price, then writing another cover called and collecting hefty premium, and rinse and repeat. No wonder warren buffet makes money on options even if at the end of the week the price stayed the same as the beginning of the week. Learn how to sell covered calls or learn to sell puts to get the stock at a discount. Im not a financial advisor . im just saying that some simple knowledge is power. Sending good vibes your way.