Covered calls: the rules that matter
How to sell calls without sabotaging your own upside—or getting trapped in endless rolls.
I write and teach practical investing: options, portfolio construction, and risk management. If you want repeatable systems (not “signals”), start with the blog—or book a coaching session.
What I actually work on.
Short, direct, and tactical.
One session: clean up your strategy rules and failure modes.
Build a repeatable process for stocks/crypto/options that you can actually follow.
Monthly check‑in + async questions (lightweight accountability).
Clean reading + a usable archive.
How to sell calls without sabotaging your own upside—or getting trapped in endless rolls.
Most strategies fail the same way: size + stress + forced decisions. Fix those first.
Why your allocation matters more than your next trade, and how to make it survivable.
Coaching, partnerships, speaking.
On September 22, 2024, I joined thousands of runners for the annual Tbilisi Marathon. It was a bright, bit cloudy, lively day in the city, and this year, I ran the 10K race alongside the team…
October 2023 witnessed the dynamic convergence of two major events in the heart of Georgia - the Tbilisi Marathon and the Tbilisi City Festival, famously known as Tbilisoba. As proud participants in…
On October 1st, 2023 Tbilisi Marathon was held (organized by Heildebergcement and I participated in running 10 kilometer distance setting my personal record, finishing in 1 hour 10 minutes, and…
Covered calls work when you treat them as an income layer, not as a lottery ticket. The strategy is simple; the rules are the edge.
If assignment breaks your plan, your plan wasn’t real. Size down until you can hold through stress.
Calls cap upside. If your thesis is “this can rip,” calls may be the wrong tool.
Boring strategies fail when rules are vague.
Want this as a worksheet? Book a coaching session and I’ll tailor it to your portfolio.
Markets don’t owe you clean outcomes. Your only reliable advantage is controlling how you can fail.
Write your max loss per position, max loss per theme, and max leverage. If it feels uncomfortable, that’s the point.
Survival first. Returns second.
Most “alpha” comes from not blowing up. A survivable allocation beats a brilliant trade that forces you out of the game.
A core of long-term holdings, a satellite of tactical positions, and a small layer for option income—only if you have rules.
When you don’t know what to do: reduce complexity.