If AMZN's price is above $185 by June 7, 2024, the author predicts a total profit of $1,080 ($780 premium + $300 capital gain) from the covered call strategy.
"$780 plus $300 that's around $1,080 worth of profit right within the 39 days or so"
Covered call premiums on AMZN (or similar stocks) during a typical month (not earnings season) are predicted to be $500-$600, lower than the $800 during earnings season.
"on a typical week typical month not during earnings we probably won't get $800 it'll probably be more on like the $600 or $500 side"
