minutemiser

minutemiser t1_iu9386v wrote

Ehhh not really.

Ex I bought AAPL at a 93$ cost basis. If I sell you CC at 160$ strike and AAPL explodes. I collect the premium and the difference in strike. You can sell and collect the change in premium of the contract after the price hike. Hard to say either of us are suffering.

It’s a market. Not everything is a zero sum game.

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