### Comment:
I didn’t sell any for earnings week

### REPLY:
So $31k a week in premiums or ~3%? 
  
 Are these premiums enough to cover the drop in stock and limited upside (I think you said you sell ATM)? 
  
 It seems the downside risk to this is, say you buy at $40 and write a call, drops to $30, you write a $31 covered call, it spikes back to $40. You rebuy in at $40, and repeat the whole process, always taking the downside drop in the stock, but never the upside. 


### END.