AppleParasol
AppleParasol t1_j6mcfqv wrote
Reply to 2nd time making a covered call: 1600 shares of Carvana at $8.43. 16 $9 calls sold at 0.71 a call by thisisthetaa
Ur not fucked per say, but you’re not going to make any money, even if you “make money” it’s not going to be anything worth actually doing these options. If it goes tits up you’ll miss out on massive gains. If it goes down, you’ll lose slightly less than you would just owning shares, but still not worth while.
AppleParasol t1_j6meujd wrote
Reply to The glitch in the matrix no one’s talking about : Notable decrease in open interest of OTM calls by ariesdrifter77
Why buy calls when you can sell puts and take cash directly out of their pockets?