ran out of messages earlier but that’s a great question i really think selling covered calls is one of the safest and most efficient way to make extra income. to answer your question basically the way to not lose your shares when selling covered calls is crucial so let’s say it’s a wednesday at unvc is at 10$ and there’s a 12.5$ and 15$ call you have to ask yourself and know what’s going on, is it possible for unvc to jump 25-50% in two days it’s very very unlikely. but in that situation i would always choose 15$ instead of the 12.5$ calls because it more unlikely to jump 50% in two days. this is the best way to make money and let’s say your shares do get called upon at 15$ booohoo you made 500k plus the 30k premium so 530k there is no lose lose situation if you are holding this stock for the long term. being greedy will most likely get your shares called upon but if you play it smart and don’t be greedy you will never have to deal with that mistake. and let’s say you do get called upon you can always re enter and go buy back in with more money then you started out! i’ll be happy to teach anyone maybe we all get into a zoom meeting lmao
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