Serge the ill
36.7K posts

Serge the ill
@SerGRILLS
hate me or love me, you watched. That’s all you could do
Atlanta, GA Katılım Aralık 2010
599 Takip Edilen890 Takipçiler
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No amount of apology can ever undo what black people did to shopping.

Qadi@Bigqadi
No amount of apology can ever undo what white people did to Black people.
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@pepemoonboy What’s a stock i can do this with if i have a small account
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Giving you some insight into how I think about certain options selling moves I make.
For example, I just bought 400 shares of $AAPL at an average cost of $252.92.
Right after buying the shares, I sold an aggressive $255 covered call expiring 3/20.
That trade immediately paid me $876 in premium.
Here’s how I look at it.
If $AAPL closes under $255 by Friday (3/20), I keep all 400 shares and the entire $876 premium.
If $AAPL is above $255, my shares get called away at $255, and I still keep the $876 premium on top of the profit from the shares appreciating.
Either outcome works for me.
I’m perfectly happy keeping the shares, and I’m perfectly happy selling them at $255.
I chose Apple for this trade because I believe it’s one of the best companies in the world. Long term I think the stock continues appreciating, and they have multiple catalysts that could push the price higher.
Remember this when selling options:
Only sell options on stocks you’re comfortable holding long term.
As long as I own the shares, I can continue selling covered calls week after week or month after month, generating premium income until the shares eventually get called away.
And if they do get called away, I still profit from the share appreciation.
Selling options is by far my favorite strategy.
Learn it.
You won’t regret it.


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