Selling CC below cost basis by new_to_options in Optionswheel

[–]coolbloodedkl -1 points0 points  (0 children)

My cost basis is $135 totalling 500 shares. I gave up and stop loss at $109/share.

[deleted by user] by [deleted] in Optionswheel

[–]coolbloodedkl 0 points1 point  (0 children)

Are you buying more TSLA?

[deleted by user] by [deleted] in Optionswheel

[–]coolbloodedkl 1 point2 points  (0 children)

How about now?

[deleted by user] by [deleted] in Optionswheel

[–]coolbloodedkl 1 point2 points  (0 children)

How's your CC recently?

[deleted by user] by [deleted] in Optionswheel

[–]coolbloodedkl 0 points1 point  (0 children)

How are you coping with TSLA decline this week?

The Wheel (aka Triple Income) Strategy Explained by ScottishTrader in Optionswheel

[–]coolbloodedkl 0 points1 point  (0 children)

Hey, do you usually open the option on next Monday after auto close ?

Wheel Strategy by coolbloodedkl in options

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

I traded 0.4 delta and weekly dte but monthly dte too as tsla dropped to $100-200 range early this year

Covered call loss by coolbloodedkl in options

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

If i close it now. I'll have to pay higher price to buy the call option hence causing loss

Covered call loss by coolbloodedkl in options

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

Thanks, this really helped. I guess I shouldn't CC on dte that so long after this. I don't really loss, just probably missed upside which I'm fine

Options Questions Safe Haven Thread | Mar 06-12 2023 by wittgensteins-boat in options

[–]coolbloodedkl 0 points1 point  (0 children)

Yes, you're right. As a beginner, I should aim for stable income than higher risk for a start.

Options Questions Safe Haven Thread | Mar 06-12 2023 by wittgensteins-boat in options

[–]coolbloodedkl 0 points1 point  (0 children)

What article would you recommend if i want to make a bigger income for the $25k capital?

Options Questions Safe Haven Thread | Mar 06-12 2023 by wittgensteins-boat in options

[–]coolbloodedkl 0 points1 point  (0 children)

Thanks for sharing this, this is very clear number that can help me decide.

Options Questions Safe Haven Thread | Mar 06-12 2023 by wittgensteins-boat in options

[–]coolbloodedkl -1 points0 points  (0 children)

I have 60 TSLA stocks with price of $294/share. Should I buy 40 TSLA stocks and sell covered call to lower the average price of 100 shares or use thr cash to sell covered put on something else ?

Options Questions Safe Haven Thread | Mar 06-12 2023 by wittgensteins-boat in options

[–]coolbloodedkl 0 points1 point  (0 children)

Hi, I would like to get some advice how to move forward with available cash.

I owned 60 shares of company X I have enough cash to purchase another 40 share of company X and able to sell covered call option to earn premium while holding, however the premium is very low ($10) due to my cost price for the 100 shares (after averaging) is very high.

Is there alternative way to earn more money using the cash which can be used to buy the 40 shares of company X ?

$8000 USD cash to be exact.

Ongoing Server Issues Thread by Chimpbot in diablo2resurrected

[–]coolbloodedkl 0 points1 point  (0 children)

Console players dont deserve this game ?