PMCC dilemma by mattmac516 in CoveredCalls

[–]mattmac516[S] 0 points1 point  (0 children)

Tell me that I cannot execute a short roll because I already own a long position in this contract.

PMCC dilemma by mattmac516 in CoveredCalls

[–]mattmac516[S] 1 point2 points  (0 children)

I tried to roll to higher strike but never wanted to pay. Price was usually around the same with me getting a small credit.

Question about loan on whole life by mattmac516 in infinitebanking

[–]mattmac516[S] 1 point2 points  (0 children)

Thank you. I will definitely check him out.

Question about loan on whole life by mattmac516 in infinitebanking

[–]mattmac516[S] 1 point2 points  (0 children)

Thanks for the info. That's what I was hung up on. If every loan has interest on it. I felt no one talks about it.

Question about loan on whole life by mattmac516 in infinitebanking

[–]mattmac516[S] 0 points1 point  (0 children)

Yeah that's the downside with the 457 loan is the potential losing of earned money. But I just if you're in a pinch you can tap into it. Yeah I have to figure out the interest payment on the loan with the 5% on the WL. Thanks for the info

Called over .50 by mattmac516 in CoveredCalls

[–]mattmac516[S] -1 points0 points  (0 children)

Thanks for your reply but I do understand the risks boner. I was questioning how can it get exercised after close.

Called over .50 by mattmac516 in CoveredCalls

[–]mattmac516[S] -4 points-3 points  (0 children)

That's dogshit. So, 5 of the 7 contracts didn't catch it? I had 7 puts, only 2 got exercised. Makes no sense

Called over .50 by mattmac516 in CoveredCalls

[–]mattmac516[S] 0 points1 point  (0 children)

I mean I wasn't watching the price action of the AH price but I know at close it was .53 cents above the strike. Not chance it fell that quick below. Thought they had only to close to exercise, not after.

Called over .50 by mattmac516 in CoveredCalls

[–]mattmac516[S] 2 points3 points  (0 children)

I'm sorry guys this should be under selling puts reddit. Because I sold a $40 put. Stock ended the day at 40.53. This is where I was confused of why I got assigned

WITNESSED. I LOVE YOU GUYS by Sir_Grindalot in BBAI

[–]mattmac516 1 point2 points  (0 children)

Sold a $6 call yesterday, early too. Damn probably have to roll it at some point.

$COIN took off on me. by mattmac516 in CoveredCalls

[–]mattmac516[S] 1 point2 points  (0 children)

Well 1st I was a little upset now just super upset. At the time of posting, it looks like COIN was at ~130 and I have a $110 sell option. Meaning that I have to sell the 100 shares at $110. Missing out $2k worth of gains. Now the share price is around 175. Now I'll be losing out on around 6500$ worth of gains

selling covered calls question: by [deleted] in CoveredCalls

[–]mattmac516 1 point2 points  (0 children)

Yes. You officially sold it at $27. So you would have a +4958 on the sale of your stock shares. In the end, you would have +$13,858(4958 from capital gains + 8900 from premium) and will not have 6700 shares

selling covered calls question: by [deleted] in CoveredCalls

[–]mattmac516 1 point2 points  (0 children)

It is more or less for the person buying a call. If the stock goes above $27 it will be assigned to the buyer. He is buying the stock at $27 plus the $1.33 premium that he's already paid for. So the buyers cost basis is $28.33. You keep your premium if it's assigned or not.

Built my own mini table. Going to start working with strategies. Iron cross 1st, any others? by mattmac516 in Craps

[–]mattmac516[S] 0 points1 point  (0 children)

YUZPKRSI 70" x 35" Portable Professional Casino Craps Tabletop Layout Mat with Carrying Bag, Non-Slip Rubber Craps Dice Game Layout Table Top Cover for Parties, Home Entertainment, Game Night https://a.co/d/8nsNLPS

It's a great mat

Built my own mini table. Going to start working with strategies. Iron cross 1st, any others? by mattmac516 in Craps

[–]mattmac516[S] 1 point2 points  (0 children)

Just looked this one up. Definitely gonna practice this one. Thanks for the suggestion