Keep stacking
62 posts
Are these two of the most disappointing tickers over the last several months.
Seems like the DAT trade has been a dud for us so far.
What say you?
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@pepemoonboy Smart move & you can buy the calls back if the stock drifts lower
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I am transparent about my wins and losses…
Which is why I wanted to share this covered call I rolled so you understand the risks that come with selling options.
Additionally, I hope this helps you learn how to think about rolling specific positions and the benefits of this strategy.
$NBIS ripped past my $130 strike (sitting around $140+).
So I made a move:
➡️ Bought back my $130 calls (5/1)
➡️ Sold $200 calls (12/18)
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📊 The numbers:
• Realized loss: -$13,587
• Premium collected on new calls: $2,323
• Contracts: 7 (700 shares)
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🧠 What this ACTUALLY means:
Yes, I took a loss on paper…
But this is NOT a directional loss.
This is the cost of:
👉 Keeping my shares
👉 Reopening upside
⸻
Before the roll:
• My shares were getting called away at $130
• Stock is already at $140+
• I was about to lose all future upside
⸻
After the roll:
• New strike: $200
• Expiration: Dec 18
• I now have $60+ upside per share
That’s:
👉 $42,000+ more upside unlocked (700 shares)
⸻
💡 Why I did this:
I’m still bullish on $NBIS
Didn’t want to:
❌ Cap my gains at $130
❌ Lose my core position
So I:
✅ Paid to reposition
✅ Gave myself room to run
✅ Still collected premium
⸻
⚠️ Important lesson:
Rolling a covered call for a loss is NORMAL
You’re not “losing money”
You’re:
👉 Adjusting your position
👉 Paying for more upside
👉 Staying in the trade
⸻
📈 New setup:
•Max sell price: $200
•Time: 8+ months
•Premium collected: $2.3K
⸻
Moral of the story:
Covered calls are not “set and forget”
You have to actively manage them when the stock moves IF you want to keep your shares.
This looks like a big loss, but in my eyes it’s not. Reduces my tax burden and assures that my shares don’t get called away at $130.
Hope this helps my friends!
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I’m 29.
By 35, my high-yield portfolio should be throwing off enough income for me to step back, live well, and keep compounding.
If that money was locked in a Roth, I’d be sitting around until 59½.
That’s 24.5 extra years.
Anything could happen. I could also die from Cancer. Car crash. Plane crash. Some freak accident. Become a Democrat and hang myself.
Life isn’t guaranteed. Tomorrow isn’t promised.
I’m not building wealth so I can ask permission to use it at 60.
I’m building income now.
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The NHL trade deadline is Friday
Call your shot now, what moves do the #NJDevils make?
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I’m 52, 120 lbs, recently divorced.
Describe me in one word
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⛄️ A little snow has never been able to slow us down!
🦀 We’ll be open for business at 11!
🥇 Happy Hour pricing from open ‘til close in the bar, as we’re still celebrating yesterday’s thrilling Team USA Gold Medal win! 🏒
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I’ll say it…Jack Hughes is on the team because Bill Guerin doesn’t want to piss off Quinn Hughes, who he’s looking to re-sign this summer.
Jason Robertson & Cole Caufield are much better than Jack Hughes at wing.
#NJDevils
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@RachelMHerzog Imagine if our GM could bring us Quinn. Don’t mess it up next time
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The most patriotic hockey photo you’ll ever see
Missing teeth, blood everywhere, flag around the back, fist in the air, and smiling ear to ear
JACK IS GOLDEN
SportsCenter@SportsCenter
🇺🇸 🇺🇸 🇺🇸
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All we got today. Wife wants photo when lights come on. Ooof lol
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