Opening (IRA): TNA March 28th 35 Covered Call

... for a 34.04 debit.

Comments: Adding at strikes better than what I currently have on, selling the -84 delta call against shares to emulate the delta metrics of a 16 delta short put, but with the built-in defense of the short call. Going lower net delta here as a personal choice, since I've already made goal for February, so don't see the need to take on my normal amount of risk.

Metrics:

Buying Power Effect/Break Even: 34.04/share
Max Profit: .96
ROC at Max: 2.82%
50% Max: .48
ROC at 50% Max: 1.41%

Will generally look to take profit at 50% max, add to the position at intervals if I can get in at strikes/break evens better than what I currently have on, and/or roll out my short call on approaching worthless if my take profit hasn't hit.