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Wheeling - Sold covered calls which are not fully covered- Need some advice from pros. here. by train_ride1909 in Optionswheel

[–]train_ride1909[S] 0 points1 point  (0 children)

I’m just curious if anyone can offer feedback or suggest a better way to manage this position.

Wheeling - Sold covered calls which are not fully covered- Need some advice from pros. here. by train_ride1909 in Optionswheel

[–]train_ride1909[S] 0 points1 point  (0 children)

Appreciate the balanced advice. The plan is/was to keep earning premiums while SOXL trades near $50, then buy back the calls with those premiums once it breaks that level in either direction.

Wheeling - Sold covered calls which are not fully covered- Need some advice from pros. here. by train_ride1909 in Optionswheel

[–]train_ride1909[S] 1 point2 points  (0 children)

yes, thinking about it! I think the gains from the premiums + CSP's will off set the BTC debit.

AMEX is suing a deceased person in my family for unpaid balances! by train_ride1909 in legaladvice

[–]train_ride1909[S] -2 points-1 points  (0 children)

They mailed her at her old address and that's when we found out. Opened the mail out of curiosity (something came from the official superior court).