Cash Rich vs Asset Rich
The last time my options got assigned was for ITM Puts. Now its for my Covered Calls that got ITM. I’ve expected it to end higher and wanted ti take profits. thats how i got from Asset rich to Cash rich. ![]()
Covered Calls: $NVIDIA (NVDA.US)$ Bullish trend, taking profits and benefits of higher stike price to reap profits. ![]()
At times it may be advantageous to be asset poor Cash rich, especially when your bearish. Being cash rich would mean once prices slides and rebounds, you can enter again at a more favourable point. ![]()
I’m tempted to hold more $Tesla (TSLA.US)$ when it dips.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
2024H1 Moomoo Alchemist
Investing casually and learning as I go.
My journey to double my 💰at the min.
While sharing journey w kindred souls.
1283Followers
94Following
3779Visitors
Follow