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aznkukuboi

15+ Year Member
Dec 22, 2005
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Los Angeles
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  1. Pharmacist
How did you do today? I don't understand covered calls or anything but was just wondering if your plan went through risk free as you said.

I sell to open and buy to close options so much that I average about 3 trades a day.


Anyway, my account sits at $500k up from my initial $145k beginning of year, so I'm a happy camper.
 
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mentos

10+ Year Member
Nov 22, 2009
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I sell to open and buy to close options so much that I average about 3 trades a day.


Anyway, my account sits at $500k up from my initial $145k beginning of year, so I'm a happy camper.

Was 145k your initial investment? That's so awesome I wish I had that much!
 

wagrxm2000

Walgreens enthusiast. Called the peak in Bitcoin.
5+ Year Member
Sep 17, 2014
5,431
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Everything looks good when your risky trades turn out correctly.

Tesla is up 400% this year. Simply having $145k in Tesla on January 1st would be worth $580k.

So which would have been "smarter", option trading Tesla with calls or just owning it.

I will say though, nice job owning $145k in Tesla through that 400% gain, you have bigger balls then me. Would have sold after the first 100% gain. Heck probably 50%.
 
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