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PaperclipPerfector  7mo ago (text post)   3256 thread views

Friday Fun Thread for March 29, 2024

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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As I understand it, @WhiningCoil 's strategy of covered calls is the opposite. He's getting a slow but steady return by giving up the chance of a big upshot. It's actually negative EV, because the big upshots are what drives the market, but it can make a living.

For real "pennies in front of a steam roller" you need to sell naked puts... I've been there and it's a hell of a drug...

Yes i didn't notice he said covered. My mistake for sure.

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