$ORCL 20271217 100.0 PUT$ selling a long put option to earn premium and u expect the share go up in which u can close it early before expired date along the way. it will be alright even this option is exercise as i am buying at a very discounted price.
$SPCX 20261104 149.0 CALL$ Selling covered calls can be a good strategy as long as you select a strike price at which you would be willing to allow your holding stock to be called away. The covered call will help generate income during the holding period and lowers the original position’s cost basis. A covered call consists of selling a call against shares of holding stock. Typically, covered calls are sold out-of-the-money above the current price of the underlying asset. However, covered calls do not eliminate downside risk if the asset drops in price, but every covered call sold add credit to the account, thereby reducing the overall cost of holding stock position.
I complete agree with what Alfred said that Successful trading is not about chasing quick profits; it requires discipline, patience, research, careful risk management, and emotional control to make consistent decisions over time.
$BABA 20261113 120.0 CALL$ Selling covered calls can be a good strategy as long as you select a strike price at which you would be willing to allow your holding stock to be called away. The covered call will help generate income during the holding period and lowers the original position cost basis. A covered call consists of selling a call against shares of holding stock. Typically, covered calls are sold out-of-the-money above the current price of the underlying asset. However, covered calls do not eliminate downside risk if the asset drops in price, but every covered call sold add credit to the account, thereby reducing the overall cost of holding stock position.