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17083252 No.17083252 [Reply] [Original]

>do a covered call
>buy a puts at the same time
what am i actually doing here?

>> No.17083277

>>17083252
retards strangle

>> No.17083285

Pick a side you pig

>> No.17083412

>>17083277
i thought a strangle is buying a call and a put. this is selling a call, buying stock to cover it, and buying a put

>> No.17084319
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17084319

>>17083412
>i thought a strangle is buying a call and a put. this is selling a call, buying stock to cover it, and buying a put

Why are you buying the put?

It's a strange strategy my fren.

you could have sold a call spread instead of holding the stock.

If the price stays the same you get the theta decay from selling the call option, but you probably lose a significant amount from buying the put.

what was your logic on this trade?

>> No.17084357

condor you fucking dumbass

>> No.17084667

>>17083252
i was thinking of holding more shares than you cover for better gains then hold a put to cover losses