Sold a covered call ๐
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King of fried rice : me too!
CooperTan : Lol, once sold out call then become bearish move?
stefanita : It's actually a bullish move. Selling a put is a bearish move.
Cow Moo-ney OP CooperTan : Selling call option is a bearish move as one is of the view that the stock will not rise to the strike price that one has selected when selling the call
Cow Moo-ney OP stefanita : Not sure if you have gotten it mixed up
itโs the opposite. Sell Put = bullish. Sell Call = bearish
456632345 CooperTan : Not necessarily bearish, but at least not bullish![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
stefanita Cow Moo-ney OP : You're correct, and I did get my bees mixed up.