When you sell covered calls against half, is your goal to get net free for your share purchase?McInnis 03 said:
Never. Covered calls. I bought X shares, and sold calls against half of them.
Stock Markets
24,751,514 Views |
233447 Replies |
Last: 3 hrs ago by Heineken-Ashi
MVIS north of $20 and I have $15 5/21 CC on my position.
Sold 1/4 of mine here at 55% ROI.fightintxag13 said:
McInnis with a great callout on the MU option flow! We making money!
SPY minute chart taking the elevator down
CTRM 1.81
Averaging down on my AAPL calls with my (unrealized) MARA winnings, or at least that's what I'm telling myself.
I'm trying to convince myself to hold on for the cup completion at 87.25.Rice and Fries said:Sold 1/4 of mine here at 55% ROI.fightintxag13 said:
McInnis with a great callout on the MU option flow! We making money!
Bounced off 200EMA at 9:34, trying at it again now.khaos288 said:
SPY minute chart taking the elevator down
Potential double bottom on SPY
Ha, a bit. Whether to take action or not...third coast.. said:Trolley Problems said:
MVIS north of $20 and I have $15 5/21 CC on my position.
Sounds like a trolley problem
Edit: Going to let it ride for a while. $15 is still over a 2x for me, so still really good if I get called out in May. Just hard to watch that $XX/share go out the window.
Quick question about hedging. I'm holding March Spy puts as a hedge, on days these go green is it a good idea to roll those out to later months essentially letting the hedge keep paying for itself?
I was tipped off myself by one of our fellow Texagrs, take a bow Moose.fightintxag13 said:
McInnis with a great callout on the MU option flow! We making money!
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
Thank you
Let it ride
My goal is much simpler than that.PearlJammin said:When you sell covered calls against half, is your goal to get net free for your share purchase?McInnis 03 said:
Never. Covered calls. I bought X shares, and sold calls against half of them.
MAKE MONEY.
That's my goal.
EDIT: I don't mean to sound petty. I don't have the kind of bankroll or patience to always wait for a double up, 50% net free situation. Sometimes I do. In this case, that would happen. I don't expect this INFI to go to $10 by next week, but if these crazy momo guys get it running I'll be glad to take the gift.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
The volume on that drop was huge. Thankfully, holdings held up ok.TecRecAg said:Bounced off 200EMA at 9:34, trying at it again now.khaos288 said:
SPY minute chart taking the elevator down
third coast.. said:Trolley Problems said:Ha, a bit. Whether to take action or not...third coast.. said:Trolley Problems said:
MVIS north of $20 and I have $15 5/21 CC on my position.
Sounds like a trolley problem
You can roll them out and up and potentially get a credit for doing so.
Right, was thinking about that. Then I'm pushing out to August. Not sure I want to hang on that long, or what happens in between.
FJ43 said:These were buying call options.AG 2000' said:ClutchCityAg said:
Anyone have an updated target for these RUN calls? I know OA had said he thinks the Feb 85s could get to at least $5
Also, how do we sell our calls (naked call), purely an option trade? Sell to close?
My plan was to sell the calls before expiration. That's what I'm asking about accomplishing on Fidelity.
Bought to open two calls. Sell to Close to close them out?
Still in these NIO 65c Feb calls?. When it spiked couple of days ago it didn't make it to my netfree target
Yep.. If you are closing calls you bought use Sell To Close.AG 2000' said:FJ43 said:These were buying call options.AG 2000' said:ClutchCityAg said:
Anyone have an updated target for these RUN calls? I know OA had said he thinks the Feb 85s could get to at least $5
Also, how do we sell our calls (naked call), purely an option trade? Sell to close?
My plan was to sell the calls before expiration. That's what I'm asking about accomplishing on Fidelity.
Bought to open two calls. Sell to Close to close them out?
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
AG 2000' said:FJ43 said:These were buying call options.AG 2000' said:ClutchCityAg said:
Anyone have an updated target for these RUN calls? I know OA had said he thinks the Feb 85s could get to at least $5
Also, how do we sell our calls (naked call), purely an option trade? Sell to close?
My plan was to sell the calls before expiration. That's what I'm asking about accomplishing on Fidelity.
Bought to open two calls. Sell to Close to close them out?
He's saying that you didn't buy a naked call. A naked call is when you sell the call without owning the 100 shares associated. As opposed to a covered call where you own the 100 shares.
You just bought a call option.
Yes, you just sell the call. That will close it.
/ES holding 3906 pretty well. Let's explode up
I like YouInvest because Chase is where all my business accounts, personal and other investment accounts are so I can move money between them easily and I can track balances all together. So If I get an outside account< i want to just choose one.irish pete ag06 said:But create a backup account with Schwab or TDAmeritrade when you get blocked from buying ones that don't have updated paperwork like EGOC.Aggie118 said:Go with Fidelityag94whoop said:I cant buy penny stocks in YouInvestAggie118 said:
Once WARM is able to announce their financing arrangement, I think it is going to allow them to be much more vocal about their plans and developments leading it to skyrocket.
Here is the newsletter from the CEO from yesterday if yall missed it.
https://cooltechnologiesinc.com/letter-to-shareholders-february-2021/
So if I want free trades, fast timing, ability to trade OTC and penny stocks whats the best option between Webull, TDA, Schwab, IBKR and Fidelity?
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,972
How long do you want to ignore this user?
AG
leoj said:
$CRWD possibly about to bust a move
Yeah i sold 135 calls on my shares yesterday, should have told y'all it was about to run
I considered it for that very reason. But with most brokerages, you can link your bank account very easily. To me, the trade off isn't worth it. Perhaps they will improve the system and become a top 5 brokerage. That would change my outlook. But I love TD (and thinkorswim) and am staying with them.ag94whoop said:I like YouInvest because Chase is where all my business accounts, personal and other investment accounts are so I can move money between them easily and I can track balances all together. So If I get an outside account< i want to just choose one.irish pete ag06 said:But create a backup account with Schwab or TDAmeritrade when you get blocked from buying ones that don't have updated paperwork like EGOC.Aggie118 said:Go with Fidelityag94whoop said:I cant buy penny stocks in YouInvestAggie118 said:
Once WARM is able to announce their financing arrangement, I think it is going to allow them to be much more vocal about their plans and developments leading it to skyrocket.
Here is the newsletter from the CEO from yesterday if yall missed it.
https://cooltechnologiesinc.com/letter-to-shareholders-february-2021/
So if I want free trades, fast timing, ability to trade OTC and penny stocks whats the best option between Webull, TDA, Schwab, IBKR and Fidelity?
NRD09 said:leoj said:
$CRWD possibly about to bust a move
Yeah i sold 135 calls on my shares yesterday, should have told y'all it was about to run
Hasn't broken through that 235-236 level yet
$SPWR bouncing off the 8ema this morning.
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,972
How long do you want to ignore this user?
AG
Sorry 235. You mean i did a decent job picking my strike this time?
SNDL
$4.87 down to$2.53 whoops...$2.31
$4.87 down to
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
SHSM
$EBON Anyone adding on the dip?
I see it below the 8, 21 & 50 right now. I have a line drawn at about $5.45 and will look at it there on any bounce a 2nd time with strength.spud1910 said:
$EBON Anyone adding on the dip?
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
took my modest SNDL gains and put them back into MJ on the discount this am.FJ43 said:
SNDL
$4.87 down to $2.53
Featured Stories
See All
Ags host Buckeyes with an early-season Quad 1 opportunity at stake
by Olin Buchanan
Players to Watch: No. 15 Texas A&M vs. New Mexico State
by Olin Buchanan
8:22
17h ago
1.6k
34:11
12h ago
716
Reed Report: Preparing for Friday's marquee showdown vs. Ohio State
by Luke Evangelist
Bid on Legacy Club tickets to Saturday's Texas A&M vs. NMSU game!
by Texas Aggies United