I bought 100 shares at 169 then wrote a call with a strike price of 175 that expired on August 16, 2019. The stock jumped to 170 today so wrote another one that expires at 175 on September 20. I made about 942.00 dollars in premium and if it gets called I will make about 600.00 in gain. Here is the question. I guess if I take into account the premium my basis is around 160. If the stock falls below 160 do you write calls at or a bit over 160 or do you treat the premium separate and try to wait until you can write it above your purchase price? I know it’s not a right or wrong question but curious how others do their call writing. This is in a tax deferred account.