RealTrades

@wwebbinc2024 Nothing, that's the beautiful part. When you open the position, you get paid upfront, but it's a contract you're locked into. If the stock never reaches the strike price by the expiration date, your obligation is over, the option expires, and you can do it all over again.

@TradesReal What occures at expiration...?

Happy Saturday expiration day to all option sellers.

@wwebbinc2024 Pretty simple, this is a good beginner video: youtube.com/watch?v=D5Rjx_…

@TradesReal No idea what that means

Going into the weekend pretty damn confident.

@wwebbinc2024 Yes, I trade less these days. Now, it’s just about holding and selling options against the positions, it's like collecting rent on property. 18 positions left at the close, but today is OPEX, so 9 option positions will expire, leaving me with 9 open positions going into Monday.

@TradesReal Holding the weekend...?

I don’t know how this is happening, but I’m not complaining. Everything just seems to be breaking my way, knock on wood.

So many positions, my mini hedge fund.

@portu_trades @KrisVerma88 He didn't buy, he shorted.

@KrisVerma88 Nobody forced you to buy them in the first place. It works because people (hyper)scalp them.

Feeling blessed 🙏

Things just getting worse.

Despite the market going down, my short went up. Being bearish always goes wrong, I should just stick to longs. Now holding and hoping once again.

Swinging longs, swinging shorts, let's see what tomorrow brings.

I did get some short exposure, not looking good at the moment. Should have just remained a genius in the bull market.

Might get some short exposure on Monday. Everybody seems so bullish right now, not a care in the world. This worries me.

Onwards and upwards.

Who needs index funds?

This pivot was everything.

Blessed. 🙏

First earnings report out of the way, looks like a win.

@wwebbinc2024 Two of my long swings reporting this week, may the force be with me.

This week earning if you need it... Good luck I'll be watching