CCI recently posted a portfolio trading plan for writing covered calls against an index etf. CCI cleverly calls this the Index Covered Calls or ICC for short. The trading plan for ICC describes the rational for these trades and contains many detail on which specific options will be sold and how they will be managed. This is the first post on the blog describing a executed against this trading plan. There should be more posts about activity against this trading plan in the future. These posts will focus on the execution aspects of a trade. If a reader has greater interest in the rationale for the trade they should read the trading plan.