Covered calls is a hedge. Если сток падает, то options делают денежку, хотя и небольшие. Поэтому слово Covered. Другой путь to open a hedge - buy put(s). Но это дополнительная трата денег. в настоящий момент both puts and calls are overpriced.
В общем, Сентябрь и начало октября традиционно негативное время. Или продавать сток или create an effective hedge.
From 1928 through 2021, the S&P 500 index has averaged a decline during the month of September.
Stock Trader's Almanac. "September Almanac: Worst Month of the Year since 1950."
This is, however, an average observed over many nearly a century, and September is certainly not the worst month of stock-market trading every year. In fact, for some years September has been among the best-performing months.
Moreover, while the average return for September is negative, the median return for that month has turned positive.
While the September Effect might present a market anomaly in the sense that it violates the assumption of market efficiency, the effect is not overwhelming and, more importantly, is not predictive in any useful sense. This is because the time period under consideration will matter a great deal.
https://www.investopedia.com/terms/s/se ... effect.asp