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Topic | stock speculation topic |
Darkman124 12/20/17 12:11:43 PM #27: | AngelsNAirwav3s posted... What do you think about selling covered calls on my stocks? Say my stock is currently at $30, I was going to sell a call at $45 that expires in June. I figure I get to pocket the premium no matter what, and then even if my call hits at $45, I would sell at that point anyway because I want to divest. Seems like a win/win/win situation to me? I guess the only way I would get screwed is if the stock somehow goes up to $60 in that time? selling calls is asking the devil to play golf with your nuts that said nobody is short right now so you do have the potential for a nice return and reduced risk relative to a normal scenario --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard! |
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