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Selling covered calls and covered puts for income

Avatar for JuiceBox69
JuiceBox69Fucking on Young N Dumb Chicken Heads

Any tips ?

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Avatar for whodey
whodey

If you are asking for tips from this group, my best advice is don't. There are plenty of less risky ways to make money.

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Avatar for bdirect
bdirect

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

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Avatar for Nidan111
Nidan111

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.

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Avatar for shailynn
shailynn

Juice bout to get a $ -724,000.00 statement and shit his pants.

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Avatar for Cashman1234
Cashman1234

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.

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Avatar for bdirect
bdirect

or for the faint of heart, the market was closed today, charts are still pointing north, so the trend is up

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Avatar for gotoguy
gotoguy

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

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Avatar for ime
ime

@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.

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Avatar for SanchoRG
SanchoRG

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)

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Avatar for Mate27
Mate27

Leveraging for income doesn’t sound very sound advice.

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Avatar for bdirect
bdirect

first you need to open a margin acct with a good broker to trade options

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Avatar for Uprightcitizen
Uprightcitizen

Strap a Protective Collar on that bitch grab hold and giver her the Bull Call Spread.

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Avatar for rick_the_cheesestick
rick_the_cheesestick

ALL IN ON “DIN” that is Applebee’s stock ticker, the best cheesesticks in the business.

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Avatar for bdirect
bdirect

buy google, facebook, mircosoft, apple because they are into destroying goverments and creating one big tech governments around the world

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Avatar for JuiceBox69
JuiceBox69

Lol

Think ill do some poor man covered calls then

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