Covered Call LEAPS Strategy on Bloom Energy (BE) – Am I Crazy or Is This Solid?

I’ve been thinking through a longer-term income + upside strategy and wanted to get this sub’s take before I put real money behind it. The trade I’m considering: Buy 1,000 shares of Bloom Energy (BE) at ~$250/share Total cost: ~$250,000 Sell 10 covered call contracts (fully covered) Expiration: June 2028 Strike: $480 Premium: ~$100 per share ($10,000 per contract / $100,000 total) What this looks like mechanically: I collect $100,000 upfront in premium That effectively lowers my net cost basis f