What I have left is in theory net free, but the original basis I'm guessing on these is about $5
I had aggressively sold calls and sold puts for most of 2021 to lower the basis. I had a few months where I pocketed 100% of the premium with the reverse collar strategy I had.
I have actually done zero on my position in 8 months. No short calls, no puts, nothing. Just waiting.
I had aggressively sold calls and sold puts for most of 2021 to lower the basis. I had a few months where I pocketed 100% of the premium with the reverse collar strategy I had.
I have actually done zero on my position in 8 months. No short calls, no puts, nothing. Just waiting.
You don’t trade for money, you trade for freedom.