34.8 (BAC)
as per earlier posts, BAC was bullish, and resistance is at around 34-8-35
We got rejected right at 34.8. Today’s earnings will decide if the bullish trend will continue. Am waiting to sell covered call if it goes higher (bearish strategy).
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Universeloveme : Hi
May I ask his to sell covered call pls?
Tqvm
Cow Moo-ney OP Universeloveme : You will require 100 shares before you can sell 1 covered call contract.
Universeloveme : Understand Tq
Cow Moo-ney OP Universeloveme : You’re welcome :)
Universeloveme : I tried reading up on covered option. Still can’t understand.
May I ask if you have a simpler version of trading it
Appreciate yr precious time
Cow Moo-ney OP Universeloveme : For a start, you can watch this video:
Options Trading for Beginners (The ULTIMATE In-Depth Guide)
Do note that options trading is a high-risk activity. Do trade with care!
Universeloveme : Tqvm
!!!
U r a kind help soul
Make more money
Cow Moo-ney OP Universeloveme : You’re welcome! Have a good weekend![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")