JitsISM

JitsISM t1_j6le2dp wrote

You made money on the premium of the options you sold. The point of selling covered calls is to make money when a stock isn’t doing well and you want to hold onto it. If they expire in the money you sell your shares for the strike price. You have the safest form of selling an option. Relax.

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JitsISM t1_j1xzxpl wrote

Bro just pull it out and stop trading. You’re not going to make anything back trading with that mindset. You feel like you have 0 but you still have 80K. That’s a lot of money. Plenty for a ring, enough for a small down payment on a house, maybe a decent one if real estate crashes. You’re not ahead but you’re not behind on the scale of things. Having 0 is way worse.

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