Why I'm NOT Selling Covered Calls on My SQ LEAPS Trade - YET!
Video description: Discover why I'm holding off on selling covered calls against my Square (SQ) LEAPS position, even with a quick 15% gain! 💥 In this strategic analysis, I break down my $2,600 LEAPS trade and share the critical factors influencing my decision-making process. Learn why strong volume patterns, bullish option flow, and technical resistance levels at $95 are shaping my trading approach. Want to master LEAPS and covered call strategies? I'll show you exactly why I might consider adding to this position instead of selling calls against it, and the specific price levels I'm watching for potential breakouts. ⭐️ Key points covered: - Technical analysis of SQ's resistance levels - Volume analysis and what it means - Reading institutional options flow - Long-term vs short-term trading decisions - Risk management in LEAPS positions #optionstrading #LEAPS #coveredcalls #SQ #technicalanalysis #tradingstrategy #optionseducation #tradingpsychology #riskmanagement #marketanalysis #optionsflow #tradinglife #daytrading #investing #swingtrading #cashsecuredputs #poormanscoveredcall #coveredcalls #financialeducation CHAPTERS: 00:00 - SQ Trade Update 00:30 - Covered Call Strategy Explained