Leap of Faith
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I am a fan of the bulls. Not a big fan of the shorters and shorting.
Keep your negative thoughts off me. Thanks.
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Sttttttttttt : lol 1940 that’s crazy, I feel you gonna get nothing no matter it surge or not
Daniel Jeya RamanOP Sttttttttttt: Well, I'll take it as a lesson then. No worries, I can manage. Take care.
Tonyco Sttttttttttt: even for 7/19 too high I'm afraid, but I hope not! gl
Methods :
… Did you just start Trading??
Daniel Jeya RamanOP Tonyco: Leap of Faith. My intention is to collect the premium for the time being. Cash is needed.
Thank you.
Daniel Jeya RamanOP Methods: Options Trading, yes. Investing, 3-4 years ago.
10baggerbamm Daniel Jeya RamanOP: you have two shares you can't sell calls when you have two shares option contracts each contract is 100 shares. so you're 98 shares short if you think you're going to sell a covered call.
Daniel Jeya RamanOP 10baggerbamm: If my prediction or guessing is right, a rally towards 1000 and more is expected and the move would cause the OTM call option to move ATM, or if I am lucky enough, ITM. Still can profit significantly, as I only paid a small premium for this call.
Thank you for your advise, sir.
10baggerbamm Daniel Jeya RamanOP: so you bought 22 call options with a 1940 strike price July? how much was each contract?
Daniel Jeya RamanOP 10baggerbamm: Right now, it is 824 USD in value, all of them. As of today.
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