Anybody write options, I like Twillo and Shop. Great option money and you can write them for a week at a time!
Options
Views: 298
Posts: 3
Posted:
#2
writing for a week doesnt make sense, the cost of commish to sell the CC and then trying to get something right at the strike price...its tough.
SHOP isnt a cheap stock, so what kind of return are you claiming for a week like 1% maybe? Then if the stock drops below the strike you are underwater more than the CC you wrote.
writing for a week doesnt make sense, the cost of commish to sell the CC and then trying to get something right at the strike price...its tough.
SHOP isnt a cheap stock, so what kind of return are you claiming for a week like 1% maybe? Then if the stock drops below the strike you are underwater more than the CC you wrote.
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