options question:
buy 100 @ $200 sell CCs make money stock crashed to $100. If I buy another 100 at $100 then my average price is 200 @ $150 which help selling more CCs at $150 or $155 - looking for shorter term like 1-2 weeks to keep selling. I believe the stock will recover in the next year and I want to keep making money selling CCs. Anything wrong with this approach?