Anyone else seriously learning to trade...?

[aznkukuboi]

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.

 

[mentos]

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]

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%.

 

[Sine Cura]

It works until it doesn't