Sold my second call option today! Lots of learning lessons. Should have sold when it was up 70% on Tuesday. Was down 8% yesterday and I sold today for an 111% gain!
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sam stribling's avatar
111% is an absolute win! Congrats!🍾
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Nathan Worden's avatar
Congrats! What made you pick SoFi to sell the call on?
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Alex Korth's avatar
@alexkorthOctober 14
Author
I saw a $25 analysis upgrade and thought with that and the call price it was a lower risk first call. https://www.fool.com/investing/2021/09/23/sofi-technologies-growth-potential-has-caught-the/
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Jonathan Limtiaco's avatar
nice!
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Rachel Wolitzky's avatar
well done. i started selling calls about a year ago. still learning a lot. psychologically have had mixed experience. usually buy back too early. currently pairing with other option legs has helped a lot. Don't know the lingo for advanced option strategies - I learn by doing - but think it's something like diagonal call spreads (eg when bullish, writing a nearer term call and buying a longer term one - using theta to my advantage but still overall delta positive). So far, this has gone much better :)
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