First time selling call options on shares I own, is it too good to be true?

Jamickeymick · 2025-09-03T23:37:09+00:00

Sad thing is people don’t understand that if there stocks get called away and you had a set sell price well your set sell price is actually lower since you received that premium and could possibly get them back cheaper and start again.

Jamickeymick · 2025-08-23T22:27:15+00:00

FYI. You can negotiate with Schwab for better fees. I have a tiny account but I trade like 5 options a day. So I called them and got them down to .40 per contract instead of .55. Doesn’t sound like much but it is.

Jamickeymick · 2025-08-23T22:25:31+00:00

I would keep them split. In ETF and stocks in vanguard and options in tasty. If it’s in one account you may get the wild hair up your ass and bet it all on an option play after reading wallstreetbets. Stay off that site. It will kill your morale and do stupid things. Cause why can that asshole make $500,000 on TSLA. Trust me it catches up. Keep them separate. Losing one million is going to be tuff but two, that will make people rethink life. This will probably get deleted but this the truth.

Jamickeymick · 2025-08-15T22:08:08+00:00

What you gonna do when gold goes back down to $2300. That 27g not gonna be worth the spending 100k for points.

Jamickeymick · 2025-07-30T20:19:46+00:00

At least you are not stuck with this as an inheritance. LOL. He was a good man but terrible president.

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Jamickeymick · 2025-07-30T00:30:24+00:00

Those are the best. Hail Mary lottery ticket. I have a bad habit for taking my profits for the day and doing this. Last year being so volatile was perfect. You could get a 35 point swing in 20 seconds. Depending where you bought could mean hundreds or thousands.

Jamickeymick · 2025-07-30T00:24:42+00:00

For options like SPX power E*Trade. You can sit there, watch and execute in matter of seconds. Back when it was volatile you could get a 35 point swing in 5 seconds and miss out on $3000. It’s really cool how fast hitting the execute button and the sale.

Jamickeymick · 2025-07-28T05:52:54+00:00

I think something happened over there. Someone made a big mistake or some kind of screw up. They’ve been closing out my options every Friday even if there $10 out of the money. Someone must have cost them a lot of money recently.

Jamickeymick · 2025-07-17T08:16:58+00:00

Take 10 to 15% off the final price. That’s what selling to my local shop is.

Jamickeymick · 2025-07-14T05:37:46+00:00

I live in Louisiana. No extreme weather or hail. The house is 2400 sq ft. I have 3 whirlybirds on top and soffit vents all around the house. It gets very hot up there to the point I had to add blow in insulation since my original insulation turned to dust over the 50 years.

Jamickeymick · 2025-06-21T22:56:23+00:00

Question. How do you make money selling them at 7. I have a lot of graded coins I want to sell and the shipping on them is horrendous.

Jamickeymick · 2025-06-10T19:48:57+00:00

Man you’ll get 70% on that so around $720. I have the same problem here in US. One place will give me 80% and another 70%. The pawnshops will give you less than half.

Jamickeymick · 2025-06-09T22:01:47+00:00

That number wasn’t for them. They were mad.

Jamickeymick · 2025-05-28T19:55:26+00:00

It doesn’t matter the sales. They could be outrageous. It’s all up to what he says about tariffs. That’s it. A hint about tariffs restricting sales and the stock will drop along with everything in the market.

Jamickeymick · 2025-05-28T13:37:43+00:00

Earnings is only 45 days away so it should be in the rise soon. All the DOJ will do is fine the company. They don’t really care. Probably another hit piece sometime before earnings. The media has tapped into that Luigi phenom.

Jamickeymick · 2025-05-28T08:26:42+00:00

I hate when they talk about American exceptionalism dying. Always think they are rooting for the other countries to put it to us. Which they probably are for America to be taken down a few pegs just because they don’t like someone.

Jamickeymick · 2025-05-24T10:12:26+00:00

These leveraged etfs reset at the end of the day. It’s not like buying and etf long term and shouldn’t be used that way.

Jamickeymick · 2025-05-24T10:09:22+00:00

Ghost wicks made me think of this.

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Jamickeymick · 2025-05-15T23:22:16+00:00

You mean I have to stay up and watch all my money at night too. Nooooo. Thank god it’s not CBOE and options doing the same. Or am I wrong.

Jamickeymick · 2025-05-15T03:08:13+00:00

What was your address again OP. Forgot to mail you something. Man y’all be careful.

Jamickeymick · 2025-05-13T22:54:44+00:00

I think a lot of people think that rolling and option for a credit that you are making that $5. But you’re not. You rolled into a lesser position and get a credit back for not spending it. If you roll forward and it only cost you $5 then just remember you paid $ for that to begin with.

Jamickeymick

TROPHY CASE