/biz/ - Business & Finance

>>30233918
you held 600 shares of RKT, selling calls when they were not far otm (judging from the premium you were paid).
however if that were the case you would have held 600 shares of RKT from around 30, which would be a cost basis of $18k.
RKT stopped today at 26.86, a drop of 10.4% from where you presumably bought.
that means you were paid $1227 in premium only to lose $1800 on your shares.
if you weren't retarded and were bullish on RKT you would have just waited instead of losing money.
but who knows i'm just a stupid animeposter