Brother you got 850k in one position and worried about 16% dip, meanwhile I’m here calculating if I can afford ramen this week
FewTransportation341 on
Everyone has their own problems brother
Bloated_Plaid on
I don’t get it, you sold a covered call for premium. Congrats you have achieved max profit on that option.
CheddarWalk on
May 15th??? Man what a sketchy play
Paincoast89 on
Bro sold calls 1$ above his cost basis yeah you deserve the .60 cents per share😭
plantsonmars on
🤦🏽♂️
rwhitman05 on
you capped your gains for pennies
Eur0stept on
lol I got the same covered call
joan_goodman on
You can buy back covered call and sell the shares or sell another call with a higher strike further away right away
UnfazedBrownie on
Rootin for OP, make it rain!
Apha-apha on
Bad timing.. You sold calls when stock was rock bottom 😐
Key_Purple4968 on
It’s gonna run up Wednesday I stand with Josh Gottheimer! He use to work there! Buying more calls in the a.m!
No_Bar_wear on
Wouldn’t you want MSFT to tank after ER? That way you can buy your covered calls back for cheap? I’m confused on why you’d want it to go up?
Shawnwith146 on
If you’re doing it then I am doing it more. I am selling my Nucor Call before the market opens and buying $200k of MSFT $600 calls expiring May 1 at any price.
Unless I sleep in tomorrow after celebrating all night
isospeedrix on
Don’t be fooled by the 800k stocks he sold CC that are ITM his delta is practically nothing
In short this is a theta play he wins if Msft stays flat
defervenkat on
Well with 6% pop puts MSFT at $449. Your $415 calls go to ~$34 intrinsic. That’s another $21,600 unrealized loss on top of the $35K you’re already sitting on. But hey, at least your shares will be worth more for the 12 hours before they get called away. I’m just fucking with you. Good luck.
23 Comments
Idiot
Dayumm! Why would you sell covered call? Were you on margin? If so, you’re pretty stupid
There’s a chance earninf suck and the calls expire. I hope not because my calls need to print.
Another quick trade into long term holder member
MSFT is 70% of my networth…. nothing good has ever happened to me
Thank you for joining r/microsoft, you won’t be staying for a good time, but you will be staying for a long time.
https://preview.redd.it/24nxjbe1duxg1.jpeg?width=115&format=pjpg&auto=webp&s=4c065daaad30c23ed0b075847050559e78d4d485
Brother you got 850k in one position and worried about 16% dip, meanwhile I’m here calculating if I can afford ramen this week
Everyone has their own problems brother
I don’t get it, you sold a covered call for premium. Congrats you have achieved max profit on that option.
May 15th??? Man what a sketchy play
Bro sold calls 1$ above his cost basis yeah you deserve the .60 cents per share😭
🤦🏽♂️
you capped your gains for pennies
lol I got the same covered call
You can buy back covered call and sell the shares or sell another call with a higher strike further away right away
Rootin for OP, make it rain!
Bad timing.. You sold calls when stock was rock bottom 😐
It’s gonna run up Wednesday I stand with Josh Gottheimer! He use to work there! Buying more calls in the a.m!
Wouldn’t you want MSFT to tank after ER? That way you can buy your covered calls back for cheap? I’m confused on why you’d want it to go up?
If you’re doing it then I am doing it more. I am selling my Nucor Call before the market opens and buying $200k of MSFT $600 calls expiring May 1 at any price.
Unless I sleep in tomorrow after celebrating all night
Don’t be fooled by the 800k stocks he sold CC that are ITM his delta is practically nothing
In short this is a theta play he wins if Msft stays flat
Well with 6% pop puts MSFT at $449. Your $415 calls go to ~$34 intrinsic. That’s another $21,600 unrealized loss on top of the $35K you’re already sitting on. But hey, at least your shares will be worth more for the 12 hours before they get called away. I’m just fucking with you. Good luck.
https://preview.redd.it/sdm73ss19vxg1.jpeg?width=1206&format=pjpg&auto=webp&s=7fff25d4eaa61f1adf50aabbd13a6426cf9207e5
I made the same mistake selling 400c when share price was $381 lol it jumped to $430 in like 4 days 🤣🤣 im free from that bullshit now though