LogFAQs > #949953894

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Topic	Stock Topic 15
Lopen 01/26/21 6:38:15 PM #21:	So on AMC my raw shares say +4500 then I have a stack of 9 free $5.5 calls (currently valued at $1800, but going to go way up tomorrow morning) and that 1k I got from wheeling the call. So yeah it's been quite lucrative As for me I didn't really do a lot of reading on options. I just kinda figured it out from the price movements and stuff. I think the only thing I really didn't understand at first was how covered calls worked. Harry Potter thing I did read but it's not that informative for the mechanics. It gives you a solid way to run them that is unlikely to blow up in your face. I can try to explain the ins and outs (as I understand them) if you really want me to though. --- No problem! This is a cute and pop genocide of love! <cite>Lopen posted [p:949953894] in Stock Topi... [t:79261445]...</cite> <quote>So on AMC my raw shares say +4500 then I have a stack of 9 free $5.5 calls (currently valued at $1800, but going to go way up tomorrow morning) and that 1k I got from wheeling the call. So yeah it's been quite lucrative As for me I didn't really do a lot of reading on options. I just kinda figured it out from the price movements and stuff. I think the only thing I really didn't understand at first was how covered calls worked. Harry Potter thing I did read but it's not that informative for the mechanics. It gives you a solid way to run them that is unlikely to blow up in your face. I can try to explain the ins and outs (as I understand them) if you really want me to though. --- No problem! This is a cute and pop genocide of love!</quote> ... Copied to Clipboard!
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