LogFAQs > #949954373

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TopicStock Topic 15
Lopen
01/26/21 6:51:50 PM
#30:


Nanis would do well with covered calls I think as long as he could follow 2 simple rules:

  1. Never buy the call back if it's at a loss
  2. Never sell a call that makes you sell a stock for a loss
If you do that you can only profit from selling calls. Worst case scenario you miss out on profits if a stock goes to the moon.

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