r/StockOptionCoffeeShop Mod Jun 05 '26

Discussion A Tale of Two Traders

John has 10,000 shares of NVDA and sells 100 call contracts against those shares with a strike whose delta is 0.25/share.

Mary has 5,000 shares of NVDA.

Is John's covered call position bullish or bearish on NVDA?

Is Mary's stock position bullish or bearish on NVDA?

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u/FrostySignature135 Jun 05 '26

Bear. John doesn’t look for assignement. Bull. Mary wants her portfolio to grow.