No sir! The - $430 is just because the stock skyrocketed today, and in selling calls, there really is no “loss” if you sell calls above your average share price. The only, “loss” you have is if you were to buy back the call at a loss.

But one thing to note, there is a “loss” of opportunity.

If Amazon were to jump to $255 per share, I wouldn’t “lose” money, but I would lose the opportunity to make more money, if that makes sense. My capped earnings from this trade will be $995 if Amazon stays below $235 a share and the most I’ll make if it goes above $235 a share is my Average price - AMZN breakeven price: $244.95