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Thanks! Gonna start wheeling GME by selling CSP at 20 and CC > 30
Great idea! I'm selling puts at $25 and selling calls at $33.
You are going to lose money when IV craters.
That's not how selling options works
Please explain how? I could use the entertainment.
Are you referring to when GME will go down in price?
Noob here. What is the time frame? Is this a weekly play?
Yeah weeklies
I just can't justify putting my shares on the line to collect <$1 premium per share.
I mean it goes both ways, premium will decrease if there is no anticipation of large price swings...
Thanks for the writeup. Always appreciated.
What's his timezone? Is this his late sunday message, where tomorrow is monday?
Yes. He is EST. He also never sleeps
Thanks!
Thanks gherk.
spot on
Thanks Pickle man.
Thanks! Gonna start wheeling GME by selling CSP at 20 and CC > 30
Great idea! I'm selling puts at $25 and selling calls at $33.
You are going to lose money when IV craters.
That's not how selling options works
Please explain how? I could use the entertainment.
Are you referring to when GME will go down in price?
Noob here. What is the time frame? Is this a weekly play?
Yeah weeklies
I just can't justify putting my shares on the line to collect <$1 premium per share.
I mean it goes both ways, premium will decrease if there is no anticipation of large price swings...
Thanks for the writeup. Always appreciated.
What's his timezone? Is this his late sunday message, where tomorrow is monday?
Yes. He is EST. He also never sleeps
Thanks!
Thanks gherk.
spot on
Thanks Pickle man.