naked calls and naked puts. very good sense of humor ....i just stick with stocks, but calls/puts are leverage options/futures, so it is higher risk taking....you got to be careful, because a high percent of traders kill there accounts with high leveraging trading
If she calls me, I prefer no cover. The damn things don’t fit well. Fuck, they don’t fit at all. So, if she wants me to PUT it in, then no COVER for me.
Remember when the market would move up and become overvalued? Those days when fundamentals were analyzed and understood?
Those days are long gone. Trading puts and calls and thinking you aren’t going to get a margin call when Washington does something odd - is not for those with loose bowels.
by some TSLA. Then keep selling covered calls every week. If it goes up you make money and say buy to the shares. If it goes down just keep the money. The calls and puts are expensive for TSLA
@gotoguy we know juice has been racking up the OT at the piggly wiggle but he would need $80k plus to be able to write covered calls on Tesla he would need to have the hundred shares or the capital to cover them if he got assigned.
I been selling covered calls on RIOT and MARA and cleaning up but those are volatile because they are so closely tied to bitcoin, I wouldn't put a ton of money into it but trading at around $48 and you can write a call at $52 for a $513 premium isn't a bad return for a weekly.
Exactly TSLA or any other stock with high IV (NIO if you poor)
Cash covered puts are the tits if I don't care about getting assigned. Use them all the time to pick up shares of something I want (or just take the premium and cry if it moons)
15 comments
Those days are long gone. Trading puts and calls and thinking you aren’t going to get a margin call when Washington does something odd - is not for those with loose bowels.
I been selling covered calls on RIOT and MARA and cleaning up but those are volatile because they are so closely tied to bitcoin, I wouldn't put a ton of money into it but trading at around $48 and you can write a call at $52 for a $513 premium isn't a bad return for a weekly.
Cash covered puts are the tits if I don't care about getting assigned. Use them all the time to pick up shares of something I want (or just take the premium and cry if it moons)
Think ill do some poor man covered calls then