I have a long in the money position on WDC via a Jul 20 call. I do expect to generate a good profit from that position and I wouldn't mind selling at $30 (for a $10 profit per share, minus the premium).
So I figured that I could write a call to create a spread on my position.
I would like to do the same on TRADbut the higher strike price isn't too far out the money and I prefer to write call that won't be exercised.
I am starting to get a good fell on certain of my holdings and to be able to anticipate their near term move so I wish I had enough shares to cover a call writing on stock such asIRM or MSFT
As it isn't the case yet, I will stay out of trouble and avoid naked call writing for now.