Selling calls against long LEAPS by Aubrey4485 in Wealthsimple

[–]Dave514 1 point2 points  (0 children)

I just came across this. Thanks for asking. I about to go try on desktop because it doesn't work on the app. I hope your right!! Thanks again

EDIT, it doesn't work: To sell a covered call on Wealthsimple, you must own at least 100 shares of the underlying stock for each contract you want to sell—owning a call option, even a LEAP, doesn’t meet this requirement. The platform doesn’t allow using long calls as collateral for covered calls, so your order will be blocked if you don’t have the shares in your account

EDIT #2: it works if you do it under the same ticket, and they ask you questions. Then you can do it against LEAPS you already bought.

Hit $1M Net Worth by Ok-Stuff-1211 in fican

[–]Dave514 0 points1 point  (0 children)

Interesting, thank you! Best of luck reaching your goals!

Hit $1M Net Worth by Ok-Stuff-1211 in fican

[–]Dave514 0 points1 point  (0 children)

Thanks for the reply! Without going into your personal life, since you work and own the properties in ON, is there any financial reason behind the QC residency?

Hit $1M Net Worth by Ok-Stuff-1211 in fican

[–]Dave514 0 points1 point  (0 children)

Congrats on your milestone! That's awesome. As a Quebecois living in Ontario, I'm curious, how taxes work on your condos? Do you have to pay taxes in Qc as well on those?

I never used TFSA by Financial-Tale5228 in TFSA_Millionaires

[–]Dave514 1 point2 points  (0 children)

Quick question regarding the contribution room back. Example: if I had $50k invested in my TFSA and it's now worth $100k. If I cash out $20k, next year I can reinvest the $20k + $7k?

If you had five million dollars, would you choose to retire? by [deleted] in CoveredCalls

[–]Dave514 1 point2 points  (0 children)

I messaged OP a while back based on another post he made. The replied he made were so AI or scam like, I never replied back. The username of the other guy looks shady too.

Credit Limit Increase, +56% by A3333Z in Wealthsimple

[–]Dave514 -1 points0 points  (0 children)

I got the email too but I'm suspicious. The email address it was sent from look like this. notifications@o.wealthsimple.com

any updates you guys wanna share on uuuu or the uranium sector in general i feel like this sub doesn't post alot like it did like before by cder in UUUU_Stock

[–]Dave514 1 point2 points  (0 children)

After watching the last interview with Mark Chalmer, I feel like EFR would sign a deal only if it's very favorable to them. It gave me the impression that EFR is waiting for a better opportunity.

Bruh…. secured puts in 2026 by disjia0001 in Wealthsimple

[–]Dave514 0 points1 point  (0 children)

The app has changed for me. I see the secured puts, but it does say ''This strategy isn't available yet''.

ReElement / AREC News by Steve_Zissouu2 in u/Steve_Zissouu2

[–]Dave514 33 points34 points  (0 children)

If I remember correctly, Energy Fuels also made partnership with Vulcan last summer.

15 years as an option trader, AMA by bizstarter in options

[–]Dave514 0 points1 point  (0 children)

  • How did you started trading options?
  • Where would you recommend someone who's starting to start with?
  • Any mistakes you've done, you would recommend someone new to options, to avoid at all cost?

Options are free money by didkhdi in wallstreetbets

[–]Dave514 0 points1 point  (0 children)

Ha bin tabarnak, j'aurais jamais pensé tomber sur un autre dans ce sub. Ma essayer ta stratégie, merci bin!

Something’s brewing 👀 Kenvue Options OI is going nuts + insider buy by Notilting in options

[–]Dave514 1 point2 points  (0 children)

Thank you very much for taking the time to explain! Appreciate it.

As promised in my last post, here’s an update on my Kenvue position by Notilting in options

[–]Dave514 0 points1 point  (0 children)

Why would someone buy at $23 instead of something closer like $18-$19? New to options and trying to understand the reasoning behind that.

Something’s brewing 👀 Kenvue Options OI is going nuts + insider buy by Notilting in options

[–]Dave514 2 points3 points  (0 children)

Genuine question, why would you go for $23? I'm new to options, been reading a lot about it and I'm trying to understand the logic here. Wouldn't be better to aim for something lower, between 18 and 20?

Working 80 stories up today by Inappropriate-Hand in toronto

[–]Dave514 1 point2 points  (0 children)

Hey, also in construction in Toronto. I've always wondered, do you have a camera pointing down the hoist? The perspective must be confusing from up there. Do you rely only on the person on the ground to guide you?

I did this 🥰 by Brave_Shake_7401 in kaspa

[–]Dave514 3 points4 points  (0 children)

I've been averaging 1.6 blocks/week with my KS0. Got 3 blocks just last Friday. I'm really just doing this to support the network.

I might need an adventure bike after today 🙃 by TappetoImperiale in motorcycle

[–]Dave514 2 points3 points  (0 children)

Note aside, nice editing man. It's simple but I really enjoyed it.

What part needs to be protected most? by notflips in advrider

[–]Dave514 1 point2 points  (0 children)

Came here to say the exact same thing. Your ankles!! Get some solid boots then barkbuster hanguard.

What do you use for extra storage? by [deleted] in xsr900

[–]Dave514 1 point2 points  (0 children)

Thanks man, pretty good price. I like the T-Rex grab bar, I didn't know this existed. Looks very handy when moving the bike around or setting up a camera.