@Maharajatrades We may be dealing with semantics here but if you have a Covered Call nothing "gets assigned". If $TNA is below the option strike you simply get to keep the shares. If it is above break-even you can sell the shares for a smaller profit if you wish. If it is below the break-even we simply sell another Call to reduce your net cost of shares and establish a new, lower break-even. So far we have been able to reduce the risk by going deep in the money. I hope this answers the question, if not, let me know. I am attaching an example. Sincerely, Steve. stocktwits.com:443/r/Income...