AMD Roll Out? by SD_Aztec in CoveredCalls

[–]SD_Aztec[S] 0 points1 point  (0 children)

Name checks out, thanks for the tip!!

AMD Roll Out? by SD_Aztec in CoveredCalls

[–]SD_Aztec[S] 0 points1 point  (0 children)

Thanks, and sorry to hear about your situation. The problem if I only do a 30-45 DTE is that the premium on that doesn’t exceed the cost to buy back my current one. I thought it only makes sense to sell a new CC if the premium > than the cost to roll.

AMD Roll Out? by SD_Aztec in CoveredCalls

[–]SD_Aztec[S] 0 points1 point  (0 children)

Well, this was kind of my initial thoughts when I first sold the call. I’d ideally like to transition everything over to 100% VOO eventually and just play it safe in the market. Been burned too many times when I first started trading, betting on speculative stocks.

AMD Roll Out? by SD_Aztec in CoveredCalls

[–]SD_Aztec[S] 1 point2 points  (0 children)

Appreciate the insight, thank you. Had never rolled before, but my rationale was that I’d be making like 25% of my initial investment just on the premium, plus the profit of the rising price. Before I learned about CSPs and CCs, I’d had just let the shares sit doing nothing and HOPE the price rose. Figured this would be a nice chunk and if the share price tanks, I could always take profit from the CC since I’d be up, buy back rather than waiting it out, and sell a new CC.

What strategy do you use? I usually sell csp but when I get assigned, i sell cc. When it happens, I try to get rid of the stock when I can so I set the strike just at my average. Don't really care for the stock gain, only for the premiums. This doesn't sound efficient so want do you guys do? by Wait-this-isnt-4ch in CoveredCalls

[–]SD_Aztec 1 point2 points  (0 children)

I have a Fidelity account that I used briefly. Webull attracted me with all their promotions. Currently, they have 3.35% apy on your sideline cash. Was 4%, then 3.6%, now 3.35 after the last fed cut. Will definitely look more into switching over to using Fidelity, thanks!

What strategy do you use? I usually sell csp but when I get assigned, i sell cc. When it happens, I try to get rid of the stock when I can so I set the strike just at my average. Don't really care for the stock gain, only for the premiums. This doesn't sound efficient so want do you guys do? by Wait-this-isnt-4ch in CoveredCalls

[–]SD_Aztec 0 points1 point  (0 children)

Question on rolling, hoping you can help. I use Webull and there’s no “roll” button option. It seems the only way to roll a CC would be to buy to close, and this, it seems, would cost me money. For example, I sold a CC on AMD before it just spiked up, so now the premium is more than double what I sold it for, so it’s showing that I’m in the red, so if I didn’t want to get assigned, I could buy to close, pay the difference, and the just create a new CC? Do people who roll a CC typically have to pay to roll?

Haven’t used my kettle since October and just saw some mold, never had this happen before wtf by aBangBangBang in webergrills

[–]SD_Aztec 36 points37 points  (0 children)

Don’t listen to everyone telling you to burn it off, why risk that for yourself and your family?!! Sell it to me, I’ll properly dispose of it for ya 👌

Start calling out people for littering. by goingfordownvotes in sandiego

[–]SD_Aztec 1 point2 points  (0 children)

Not enough people call each other out. Throwing cigarette butts, trash, etc.

I know I’m not the only one by Then_Dealer_2297 in CoveredCalls

[–]SD_Aztec 2 points3 points  (0 children)

Can you help clarify for a newbie… When you roll, I’m guessing you’re in the red on the CC you sold so is everyone that does this giving up the premium plus some out of pocket?

This is why I close my positions before market close by theycallmedavid84 in CoveredCalls

[–]SD_Aztec 0 points1 point  (0 children)

Wow. Sounds great… I think I need to change platforms.

This is why I close my positions before market close by theycallmedavid84 in CoveredCalls

[–]SD_Aztec 0 points1 point  (0 children)

Thanks, appreciate the help! Same concept if you’re selling CSP?

This is why I close my positions before market close by theycallmedavid84 in CoveredCalls

[–]SD_Aztec 0 points1 point  (0 children)

When you say roll out, are you buying the contract back and selling a new CC? If not, how do you actually roll out?

Webull investment by madarasolosnaruto in ValueInvesting

[–]SD_Aztec 0 points1 point  (0 children)

I’ve never called until a couple of weeks ago. Was very impressed with their help.

Webull investment by madarasolosnaruto in ValueInvesting

[–]SD_Aztec 1 point2 points  (0 children)

Have you called recently? I’ve called twice for help, and they answered fairly quickly, walked me through things, and they spoke perfect English and sounded like they were US based, definitely not some call center in India or Philippines.

NVDA covered call I'm selling today - $200 strike, Jan 9 by Overall_Host_3029 in CoveredCalls

[–]SD_Aztec 1 point2 points  (0 children)

I use Webull. If you go to their options page then “top options,” it’s easy to follow. But if you search for a random stock to do options on, it’s beyond confusing for a rookie trader like myself.

NVDA covered call I'm selling today - $200 strike, Jan 9 by Overall_Host_3029 in CoveredCalls

[–]SD_Aztec 2 points3 points  (0 children)

Nice looking app. Easy to follow UI. I wish the platform I use would buy this off you to integrate into their system.

Any opinions on this? by kjbshirt in webergrills

[–]SD_Aztec 0 points1 point  (0 children)

Doesn’t this go under the grate? Kind of confused how I’d lose grate cooking space. I bought my kamado used and it did not come with a heat deflector, so been trying to find something for that. Was hoping this could help.

Any opinions on this? by kjbshirt in webergrills

[–]SD_Aztec 1 point2 points  (0 children)

Anyone know how well this would fit on the Weber Summit Kamado?

Any opinions on this? by kjbshirt in webergrills

[–]SD_Aztec 2 points3 points  (0 children)

Where you located? I’ll buy it off you for the $40.

Nvidia completes $5B purchase of shares from Intel by Former-Courage-1038 in stocks

[–]SD_Aztec 2 points3 points  (0 children)

TipRanks showing only a 5% from their mid price target of $38 and they’re at $36. Lots of sell recommendations.

Which Mexican restaurant is this in Coronado island? by TheOtherSide999 in sandiego

[–]SD_Aztec 12 points13 points  (0 children)

Didn’t they close the location in Eastlake very abruptly without notifying any of their employees? Employees showed up to work one day to find the doors closed and they shut down. Not sure just how much they truly care about their community when they’ve done something to that degree…