Ok so I have made +30% on a stock and would like to start selling covered calls because it's at its 52 week high but I don't want to just sell it. I plan on holding 5-10+ years and adding throughout time. Would it be a good idea to sell these covered calls OTM? Also if those covered calls become ITM what happens to my shares? Then what would happen if they become OTM again (I.e 5 day before expectoration, strike = 10, stock hits 11 then next day goes to 9) ? I guess I'm confused with the ownership during price action and if person exercises shares vs just trading/selling away the contract.