If we remove the out - of - the - money strikes from the above list, we are left with these in - the - money covered calls for the January 22nd expiration, all of which are at least 3 % in - the - money: (borntosell.com)
And, just like monthlies, the highest time premium in a weekly series will be the at - the - money strike. (borntosell.com)
The IRS definition of deep in the money is any option with less than 90 days until expiration where the strike is less than the first available in the money strike, or any option with more than 90 days until expiration where the strike is less than 2 strikes in the money. (borntosell.com)