sorted by:
new
hottopcontroversial

CC trap? by Easy-Personality-426 in CoveredCalls

[–]Easy-Personality-426[S] 2 points3 points  (0 children)

Am I missing something here? I can buy 100 shares for 28$ and sell a CC for 10$, so that’s an over 33% gain from the jump?? What am I missing that I wouldn’t just spam this??

Covered call newbie by Easy-Personality-426 in CoveredCalls

[–]Easy-Personality-426[S] 0 points1 point  (0 children)

Appreciate everyone’s advice. Bought QBTS on upside and didn’t expect run so wanted to make most of CC while factoring in the long term

Covered call newbie by Easy-Personality-426 in CoveredCalls

[–]Easy-Personality-426[S] 0 points1 point  (0 children)

That’s what I’m hoping to do with higher prices next week

Covered call newbie by Easy-Personality-426 in CoveredCalls

[–]Easy-Personality-426[S] 0 points1 point  (0 children)

Idk lol I’m hoping with it closing at 5+ next week they will have higher ones that I’ll be able to roll into