$SOFI 20261023 18.0 CALL$ 

Bought 10 leap calls earlier. So selling same number of contracts at 18 to do a poor man covered call. Hope to gain some premium and potential to have some stock gain. 


Nonetheless, do note that if it drops, this is much more painful than normal covered calls.

SOFI CALL
09-30 22:59
US20261023 18.0
SidePrice | FilledRealized P&L
Sell
Open
0.16
10Lot(s)
--
Closed
SoFi Technologies Inc.
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Comment(4)

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  • BurnellStella
    ·09-30
    TOP
    PMCC makes sense here, but the downside definitely hits harder than people expect. Keeping it small is the only sane part of this setup lol
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    • Mathematical Money: 
      ya. got burned once when it was back at $7 and dropped to $6. hahahaha. hoping not to get burned 2nd time
      10-04
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  • moliya
    ·10-05
    TOP
    please share an article about poor mans covered call
    how to do
    what is good strike, expiry
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    • Mathematical Money: 
      yea sure. Will share what I always do, but does not necessarily mean that its good. sometimes depends on perspective of where you think the stock will be
      10-05
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