DakkJaniels t1_j6lbeku wrote
Reply to comment by thisisthetaa in 2nd time making a covered call: 1600 shares of Carvana at $8.43. 16 $9 calls sold at 0.71 a call by thisisthetaa
Yes, I donโt understand why you want your covered calls to be ITM. Being slightly OTM is the best scenario, you keep the premium and the stock.
mbr902000 t1_j6lrdjm wrote
You dont want to keep this stock ๐
DakkJaniels t1_j6nm2nx wrote
lol true
[deleted] t1_j6levq2 wrote
[removed]
Weird-Status-287 t1_j6n1ler wrote
Is OP trying to get fancy with buying and selling things to make a little more than he could by just selling now?
DakkJaniels t1_j6nm6si wrote
Sounds like a fancy way of just making less money than he would have if he didn't sell the calls lol
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