I am also the happy owner of September $70 puts, presently up 20% from purchase. Remember, I am acquiring these puts dirt-cheap at these laughably inflated market prices.
SHOP ’til It Drops
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
A Lazy Question
I’d like some advice, and shame on me for not just researching this, but I figured I’d ask you good people instead.
Let’s just say a person owned a large quantity of a stock like, oh, let’s say, Tesla. Let’s further say that this person wanted to maintain their long position for the long haul and also wanted to make extra income from it.
I realize that selling covered calls is one approach, but my (very limited) understanding of this suggests that, should the stock do well, the seller of the covered calls might find themselves selling off the stock anyway, which kind of defeats the purpose.
Any more clever approaches to this? Or does one simply hold on to the long and pray?
When To Sell Nvidia
Air Sickness Bag
My September United puts are up 18.7%, and I intend for that figure to get a lot bigger. This is a honey of a top, and it’ll be aided by the Dow Transports falling overall.
