Covered call expired
This is a bearish move.
This shows one can make money whether the stock is going up or down in the short term.
For short term trading, learn not to be biased on a particular direction. Trend is your friend until it bends.
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Successful investing is about managing risk, not avoiding it. DYODD
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MayTay : can sell or buy
Mr Pistachio : good one!
SPACELIGHT : On the mark. Couldn't agree
more.
TinkerB3ll : What the strategy? Sell call? Love to learn more about this, what’s the risk?
Cow Moo-ney OP TinkerB3ll : Yeah sell covered call, which means u will need 100 shares before you sell the call. Otherwise it’s called naked call - which is super dangerous
Anyway, for covered calls, as long as your strike price is above your cost price, the risk is probably losing out on potential upside. Another risk would be the stock (just like any other stock) has a chance to crash to zero, and u will lose your capital
JonSnow : Trend is your friend till the end.