Quote:
Originally Posted by JMarchand1981
Did anyone see the AFRM211015C150 selling for a premium equal to 2% of the share price today? I grabbed the shares and sold the call and now I hope it executes with a decent day tomorrow.
That was just kind of odd for such little tv left on the option. I will clear 4% if it executes tomorrow.
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Quote:
Originally Posted by jcardstore
No I've been kinda stuck with a couple trades that didn't go my way.
been in each for 3 weeks now and with the CC premium, looks like I'll get assigned today for a small profit on each but wasted 3 weeks of possibly better opportunities.
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Hopefully you were able to get assigned and out of those bad trades.
Give the AFRM options a look. 1.7 beta and their standard deviation lead to insane volatility. If you can handle the volatility of the shares (I wouldn't be selling these options without owning the underlying shares), and are agile enough you can make some pretty quick money. If you are looking to reduce your risk profile, this is definitely not the thing to do.
I have now been assigned a couple times at varying levels, still managing to beat the market return by a mile in the comparable period.