### Comment:
Hm interesting. I sell covered calls but usually 1-2 weeks out. I do the whole wheel thing. Another question, If shop tanks and goes below your cost basis, and you close out the long dated covered calls, then do you wait until shop goes back above your cost basis to sell more covered calls?

### REPLY:
Yes, if shop tanked and I was to buy close my long dated covered calls then I’d probably wait till shop went back above my avg cost to sell more long dated calls

### END.