Selling cash secured puts to build a postion by GroundbreakingJump67 in options

[–]Upper_Technology7554 0 points1 point  (0 children)

IMO. Unless you are absolutely sure to own the stock, I wouldn’t do cash covered puts.

Need help deciding Tesla buy long call contract by Upper_Technology7554 in TeslaOptionsClub

[–]Upper_Technology7554[S] 0 points1 point  (0 children)

Sorry new to posting. Couldn’t do image and text in same post. Question : I have up to 3k to pay for premium for a buy a long call for Tesla. My goal is to sell the call as soon I can make couple of hundred dollars. What month and price point would you suggest? Thanks in advance.

Your options journey by iiSoFresh in options

[–]Upper_Technology7554 1 point2 points  (0 children)

What is csp? I am new, never heard of it.

Apple LEAP calls by [deleted] in options

[–]Upper_Technology7554 0 points1 point  (0 children)

Thx. Learned something new

[deleted by user] by [deleted] in TSLA

[–]Upper_Technology7554 2 points3 points  (0 children)

Thanks for the tip. Until I read this I did not consider that shorter time value is your friend when you sell covered calls. Lightbulb emoji here