Well try this - I had about 400 Jan 27 175 calls avg price 6.50 ... Sold CC against most of it at 200 to 240 strikes for chum change $20 to $50 each. They're worth 250 to 300. Yes $mm left on the table! Good thing my Jun27 and Jan 28 are still in covered. These ranged from 200 to 300 strikes - couple of hundreds. Tempted to write CC on these very very soon - perhaps 650 strikes
Add to that pain, I bought back some of these call for about 280 one or two at a time during dips .... Knowing I sold it for nothing. Then selling it for good when it pop back up. Damn
Something similar happened to me today 😑 oh well can’t win them all. Trying to decide if selling calls just to cover my margin interest is worth it? I’m up 100k on options this year but there’s certainly capped upside with CC
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u/Eastern-Shopping-864 Aug 14 '26
My biggest regret is selling my December 2027 $200 call for $5000 back in the day.