Everyone focuses on the premium…
But the real edge is this:
👉 Volatility
Right now on Plug Power Inc.đź“… Trade placed: April 23, 2026IV is over 100%
That’s why this trade pays about $0.25 per contract
👉 We sold 25 contracts
Same stock… lower IV?
You’d get maybe $0.10–$0.12
👉 Same setup… way less income
👉 Same stock👉 Same strike ($4)👉 Same expiration (June 18, 2026)👉 Totally different outcome
🎯 Lesson:
You don’t just sell covered calls…
👉 You sell them when they’re expensive