Originally Posted by MDawg View Post
Maybe, but wouldn't you agree that they are better for a stock where watching its price is more like watching paint dry? which, there actually aren't too many stocks like that these days, volatility has been extreme for many years now.
It depends on the individual. You'll collect less premiums on sold covered calls for less volatile stocks of course, but people use that strategy to enhance their dividends on these buy and hold type stocks. Obviously for volatile stocks the covered calls require continuous monitoring so that they can be rolled off on dips and rolled out in time to capture more premium when they get near expiration.