I’ve been making good pocket money last couple of months selling CC for NBIS. Welp, I guess I’ll be switching to Covered Puts to reacquire the stock back.

    https://i.redd.it/awp7m1lltyug1.jpeg

    Posted by Odd_Onion_1591

    16 Comments

    1. Spin the roulette machine once more, the big Net told me it must work our in your favour bro. Matter of fact, throw some more savings in

    2. darksoulsrolls on

      There’s a 50 / 50 chance of getting it right but a 90% chance you’re going to get it wrong

    3. Good chance NBIS comes down quite a bit after this leg up. Just need to get back on when it is actually down.

    4. Stopped with them cause every fricken time a dead stock would magically rip the next week.

      My record was around -2,000%. On a usually not so volatile stock

    5. I’ve been there with TSLA covered calls. You have to decide if the tax implications (capital gains) is worth it from the sale of your shares. For me I decided it wasn’t worth it and closed the position for a loss.

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