🔴Stop selling covered calls on things you are super bullish on!
You are betting against yourself...
Why? Because CCs are a bearish strategy. They cap upside.
On the flip side, if you are so convictive in your bearish stance, just sell your dang shares.
You aren't a genius collecting peanuts in premium selling CCs when your shares fall 40%
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🔴Stop selling covered calls on things you are super bullish on!
You are betting against yourself...
Why?
Because CCs are a bearish strategy.
They cap upside.
On the flip side, if you are so convictive in your bearish stance, just sell your dang shares.
You aren't a genius collecting peanuts in premium selling CCs when your shares fall 40%