Like to sell covered call hedging against the underlying in hand, especially to those stocks that are range bound. While the share price heading no where for a while, at least the premiums collected from these covered call options help to generate some income. However, when the tide changes, some stock can too suddenly spike up leaving one to decide if to keep rolling this covered call in order to hold on to the underlying or simply let the shares to be called away. Thus always recommend to sell these call such that the strikes there are above the bought in price, so, even if the shares are called away, one would already make profit out of it despite even if the share price are much higher than the strike sold. While I have a fair share of both experiences, the shares that have the sudden spike has way less that those range bound. Thus making selling these covered call option to collect premium are still a viable option. 

AMD is such case, finally earning is round the corner next week, with earning comes high IV, can sell a higher strike and still collect a decent premiums, hope this Earning report can be a good catalysis For the share price to finally go up higher. $AMD 20250207 138.0 CALL$