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  4. Univec Conglomerate Inc (UNVC) Message Board

it comes down to risk tolerance; selling 100 share

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Post# of 87274
(Total Views: 431)
Posted On: 07/16/2021 11:53:00 AM
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Posted By: BUMPERCARS
Re: LegendayGoat #50489
it comes down to risk tolerance; selling 100 shares of abc is no big deal if your call option hits the strike price or above. Yes you can make a sizeable premium if the call expires before hitting the strike price. I see no harm in adding to your investment strategy. Having 10 covered calls is one thing. Having hundreds is another. Like owning 20 penny stocks in your portfolio. you have to monitor them as nothing is constant except change. with that comes time consumption. It's not right or wrong or good or bad. Everything comes down to time. You're a very young man starting his life out. YOU have time
Many here - at least I can speak for myself am considered freedom 55'er. lol

Just depends on how much time and effort you are willing to commit to doing so..nothing wrong with exploring other ave to increase wealth. Find the method that works for your and work it.


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