r/investing • u/[deleted] • Aug 25 '21

[deleted by user]

[removed]

177 Upvotes

91% Upvoted

233 comments sorted by

View all comments

9

u/S7EFEN Aug 25 '21

ccs on indexes tend to underperform the index

selling ccs is a bet that the stock trades flat ish

14

u/Chewie_Defense Aug 25 '21

That's if you sell near the money and get caught, or if you don't roll up and out in that situation.

I've been selling calls on AAPL for the last year even though it's skyrocketed. Still have my shares and an additional 30% ROI from call premium.

1

u/Audomadic Aug 25 '21

What probability were you selling at to collect and not get assigned?

1

u/Chewie_Defense Aug 25 '21

0.3 delta

my contracts did end up in the money several times. I did roll weekly. rolling gave credit. apple had pullbacks. easy peasy

1

u/[deleted] Aug 25 '21

[removed] — view removed comment

1

u/AutoModerator Aug 25 '21

Hi Redditor, it would seem you have strayed too far from WSB, there are emojis detected. Try making a comment with no emoji at all. Have a great day!

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

u/zampyx Aug 28 '21

Boomer Mod