Covered calls $lcid

[blueice89]

Since news of this buyout rumor the call options near term are so elevated makes it easy to do covered calls. Sold some 15.50s for almost 30 cents a contract for. 2/10 funny stuff.
Anyone else doing ccs?

 

[Tesla2.0]

Since news of this buyout rumor the call options near term are so elevated makes it easy to do covered calls. Sold some 15.50s for almost 30 cents a contract for. 2/10 funny stuff.
Anyone else doing ccs?

No, I sold some @14 and immediate sold naked put @9 for 75c. I’m doing these silly spread to basically cost average down my long.

 

[blueice89]

No, I sold some @14 and immediate sold naked put @9 for 75c. I’m doing these silly spread to basically cost average down my long.

Yeah my cost basis is near 22 so doing the same silly stuff. At one point I sold 80, like 4 cent calls lol

 

[quantum]

I'm buying small amounts with every paycheck, average 22, car is fantastic, I'm very confident and holding at least a decade, unless Saudi goes private

 

[Tesla2.0]

I'm buying small amounts with every paycheck, average 22, car is fantastic, I'm very confident and holding at least a decade, unless Saudi goes private

Cost average long term hold, not a bad play for anyone who has faith in their investment. I know I do.