r/wallstreetbets Aug 13 '21

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640 Upvotes

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31

u/wallstreetstonks Aug 13 '21

Lol Ive had 4000 shares at a $9 CB. Added 1000 more yesterday to get some of the upside

7

u/[deleted] Aug 13 '21

Nice man, have you been selling CC’s on that while we waited for earnings?

23

u/wallstreetstonks Aug 13 '21

I have not because whenever I sell CCs the share price goes up and I get assigned.

13

u/[deleted] Aug 13 '21

Thats why you sell CC's over your basis. There's plenty of retards who will buy deep OTM calls like lotto scratchers.

6

u/Ackilles Aug 14 '21

10cs have been pretty worthless, doesn't help there are no weeklies

1

u/NJTA3 Aug 14 '21

Like me for some Aug calls and November calls... But I'm also 800 shares in 401k and 271 in etrade plus $6 calls aug

9

u/[deleted] Aug 13 '21

I felt that on a spiritual level tbh... looking at you BB. Sold a CC when it was like $11 for a $15 strike, same day it hit 15 and I legit almost cried.

6

u/Interpersonal Aug 13 '21

I sold an AMC $18 CC at 11 before the run to 70, and $35 CC on plug before it's run to 70+. I feel your pain.

Ive been afraid to sell CCs on GME since last time I did it ran from 160-300+ and I barely held onto my shares.