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hi everybody this is alan elman the blue collar investor and welcome to this bci podcast number 46 titled should delta be the sole criteria for covered call writing strike selection and weamp;#39;re going to be using a real life example with intel core which trades on the nasdaq exchange under the ticker symbol intc over the years iamp;#39;ve received a lot of questions regarding what delta should i use when selecting my strike prices for covered call writing now i think what we have to do is we have to determine what our goals are using the covert call writing strategy now certainly weamp;#39;re looking to make money thatamp;#39;s number one but how much money and how much risk are the factors that only we can determine as to what will be appropriate for our particular trading style but the goal that i know isnamp;#39;t number one on our list is achieving a certain delta for our strike prices so let me just say right off the bat that the answer is no delta should not be t