SoggyBottom
commented on a stock · Nov 18, 2022 04:05
Turn $100 into $30,000+
$Advanced Micro Devices (AMD.US)$Many have made INSANE PROFIT within the last week! A week that can turn $100 into $30,000+ Ex for those that do not trade Options or for those who own a lot of AMD shares but don't know how to "Hedge"! Options: (Hypothetically) - You purchased 20 Contracts of the 11/18 $75 Calls on 11/10 for $5 each ($100 total) - You sold them on 11/15 for $450 each ($8,900 Profit) minus any Fees Shareholders/Options: On 11/15 you sensed that AMD was about to Fall so you wanted to Hedge. - You sold 50 Contracts of the 11/18 $75 Calls (Covered Calls) for $450 each and collected $22,500 in Premium. - This morning you either decided to let them 'possibly' expire Worthless tomorrow (if AMD continued its downtrend) ** BEST CASE SCENARIO ** bc you can keep ALL $22,500 OR -You didn't want to risk losing any Profit just in case AMD started rising so you purchased All 50 Contracts for $20 each ($1,000) *You made $21,500 Profit Both Trades above together turned $100 into $30,000+ Profit
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intuitive Jackal_354
:
talk to me bro, I've got calls all over the place. what strike price and how far out. give me more info, I'm getting bored with zim
intuitive Jackal_354 : talk to me bro, I've got calls all over the place. what strike price and how far out. give me more info, I'm getting bored with zim