A Covered Call’s Tale: When the Dragon’s Hoard Is Trimmed

According to the sacred scrolls of the SEC, our guild’s ledger now shows a 475,844-share reduction in QYLD during the fourth quarter. The value of this alchemical exchange-$8.28 million-was calculated using the quarterly average price, a method as precise as a blindfolded squirrel tossing acorns into a well.² 2 Or, as the Unseen University of Coders might say, “a guess with confidence and a spreadsheet.”






