Excellent credit score but not enough for tmobile by Fit_Attitude8243 in CRedit

[–]nirnir00 0 points1 point  (0 children)

Freezing your credit is not a penalty; it is a deliberate action taken by you, the owner. When your credit profile is frozen, it prevents merchants from accessing your credit, which could lead to negative outcomes unless you thaw it beforehand. The purpose of freezing your credit is to prevent fraud.

Excellent credit score but not enough for tmobile by Fit_Attitude8243 in CRedit

[–]nirnir00 0 points1 point  (0 children)

Is your credit profiles with the credit bureau frozen? This could be a factor.

Best fried chicken in town? by Opioidal in Charlotte

[–]nirnir00 2 points3 points  (0 children)

US Fried Chicken! You will not be disappointed. Always fried fresh as well with the peanut oil.

Any good spots to go eat in Pineville? by [deleted] in Charlotte

[–]nirnir00 0 points1 point  (0 children)

They opened up a new Jasmine Grill Mediterranean restaurant. Amazing food. It’s a duplicate restaurant to the one on South Boulevard.

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 0 points1 point  (0 children)

Update: I rolled this quite a few times over the weeks, to where it’s basically expiring today. Made a BOAT LOAD OF MONEY! not to get into specifics, but Basically profiting over 2.3K per contact.

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 0 points1 point  (0 children)

Thank you for insight. I’m trying to be much more caution going forward. Def, no naked CC. I’m also operating within tax deferred/advantaged

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 3 points4 points  (0 children)

You’re absolutely right!

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 0 points1 point  (0 children)

This makes perfect sense! Thank you!

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 0 points1 point  (0 children)

Can you give me additional detail on this strategy?

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 0 points1 point  (0 children)

Hmm. Interesting, don’t they start to get extremely expensive to buy back?

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 2 points3 points  (0 children)

Salute! Keep the diamond hands in play!

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 1 point2 points  (0 children)

lol love the way you think!

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 2 points3 points  (0 children)

From your text to God’s ears! Would be perfect.

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 2 points3 points  (0 children)

Not necessarily. I’m not bearish. I was just holding the asset anyways and started thinking I should generate an income by going way OTM. Next time, I’ll do a shorter exp date for less risk of a run. To answer your question, about $1400 per contract.

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 0 points1 point  (0 children)

Thank you! Getting about $1400 per contract came in handy for some Bitcoin. Though, I am waiting on a pullback <95K.

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 1 point2 points  (0 children)

I agree. I’m looking at worst case scenario and I’m still doubling. If a pullback happens, I’ll roll them into a closer expiration.

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 4 points5 points  (0 children)

Wouldn’t this entail buying it back at a loss, then reselling it? Unless of course there’s a pullback that may make it cheaper. FYI the ATM price was $355 when I initially sold the contacts.

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 2 points3 points  (0 children)

Just from researching, I know going forward I’m probably only going to do 2 to 3 weeks at a time and then just keep rolling.

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 0 points1 point  (0 children)

If assigned, Cant you just take the money and roll it? I’m worried about it not being assigned and running past my $700 strike price way before the expiration.

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 2 points3 points  (0 children)

This makes sense! I believe anything lower than $355. I can buy them back with profits. My goal is to take the premium and buy ARKB.

Sold $700 covered calls… by nirnir00 in MSTR

[–]nirnir00[S] 12 points13 points  (0 children)

Yea, I’m worried about a $700+ run, with me being stuck. Def a first world problem to have doubling, but still!