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/biz/ - Business & Finance

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>> No.29062613 [View]
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29062613

Hi /biz/ options noobie here and I'm wondering if I'm being retarded or if this is a legit strategy. Say I sell a cash covered put on a stock at a strike of $4 and I collect a $10 dollar premium, now my option gets excercised and I pay $400 for the underlying stock, I then sell a covered call at a very low strike price, say $1 and I collect a $320 premium. Now my covered call gets executed and I sell my shares for $100, am I not a net gain of $30? Almost 10%, is this legit or am I being retarded? What's the downside of this?

>> No.15524075 [View]
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15524075

chernlernk

>> No.15511483 [View]
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15511483

CHURNLERNK

>> No.7209819 [View]
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7209819

>>7208066
>sold into tether

>> No.6837237 [View]
File: 24 KB, 298x359, 9ECB176A-007D-4C37-A536-756159B39615.jpg [View same] [iqdb] [saucenao] [google]
6837237

>>6834806
CRASH TO ZERO CONFIRMED SELL SELL SELL

>> No.6780290 [View]
File: 24 KB, 298x359, 7CD09476-2226-4483-9FB9-189914E1C422.jpg [View same] [iqdb] [saucenao] [google]
6780290

>>6779314
WUT???
Don’t care what that means I’m here for gainz with my dumb money also WHY IS EVERYTHING TANKING MOOOOOOOMMMMMMMMYYYYYY

>> No.6752586 [View]
File: 24 KB, 298x359, 2C077D65-BE08-47B0-A6CE-CFE22EF81026.jpg [View same] [iqdb] [saucenao] [google]
6752586

Digits confirm snek activity
0-5 negative
6-9 positive
Dubs huge
Trips wakey wakey snek

>> No.6649750 [View]
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6649750

>>6648343

>buying meme coins

>> No.6621177 [View]
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6621177

>>6621105
RCN I meant

>> No.6586626 [View]
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6586626

>>6586574

>Bottom is 8k and that's when Wall St buys in.

>> No.6581131 [View]
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6581131

>>6581065

>invest in worthless meme coin
>loose money
>haha the jokes on you

>> No.6580959 [View]
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6580959

>>6580407

>What is the value of my useless meme currency?

>> No.6575760 [View]
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6575760

>>6575460

>this is just an adjustment guys
>the fundamentals of meme coins are good

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