I NEED AN ADULT WHO UNDERSTANDS OPTIONS

File: 87 KB, 268x313, Screen Shot 2020-08-14 at 9.25.40 AM.png [View same] [iqdb] [saucenao] [google]

I NEED AN ADULT WHO UNDERSTANDS OPTIONS Anonymous Fri Aug 14 12:29:26 2020 No.21406656 [Reply] [Original]

tl:dr; I am used to only normal calls/puts. I own some shares of $UPWK, and I believe it'll be AT LEAST 17.50 by 6/18/21.
>buy some covered calls
>notice that I keep losing money on it
>post in /smg/ for advice
>some anon mentions I got options too far out (I did this to avoid decay)
wtf should I do here? Buy to close? Can someone explain to me why I fucked up on this trade so far? (Already down like -$700 in my account).

>>	Anonymous Fri Aug 14 12:29:49 2020 No.21406665 File: 101 KB, 990x716, Screen Shot 2020-08-14 at 9.20.43 AM.png [View same] [iqdb] [saucenao] [google] >>21406656 here is what I'm holding

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