I tried this week selling calls on a TQQQ position. I was able to sell about four batches of calls after the previous ones went to 0 and I bought them back. Not going so great tbh lol the loses are intense probably offset only about 25%. If only I could sell naked calls!
I am guilty of buying the CPI dip, got an epic entry at like 16. Seemed like a good idea at the time to get some practice selling premium so I sold CCs on it but as the buying got more aggressive and it looked like they would get called away on Friday, I bought some more for myself EOD Thursday (greedy basically) and well we all know how that turned out. Not really a big deal just feel pretty stupid!
I tried this week selling calls on a TQQQ position. I was able to sell about four batches of calls after the previous ones went to 0 and I bought them back. Not going so great tbh lol the loses are intense probably offset only about 25%. If only I could sell naked calls!
Ha! Why are u trying to go long tech it’s dead
I am guilty of buying the CPI dip, got an epic entry at like 16. Seemed like a good idea at the time to get some practice selling premium so I sold CCs on it but as the buying got more aggressive and it looked like they would get called away on Friday, I bought some more for myself EOD Thursday (greedy basically) and well we all know how that turned out. Not really a big deal just feel pretty stupid!