Recent content by jasonweil2000

What would you suggest instead?

I really want to try this but I want to do it on a stock that doesn't trade after hours to avoid the Gap what are your thoughts on that?

Good feedback. Thanks guys. Im learning as I go here.

PINS (Pinterest) I'm looking for higher premium options. I haven't found anything that is higher than PINS. Any high premium options that you know about? What I mean by high premiums is the premium amount based on the stock price. PINS is over 7%. GME is in the high 6%.

The idea here is to create a covered call only if you have to by not owning the stock first.

Is this likely on a weekly expiration? I mean im sure it is but not very probable right?

I might be a bit unclear...as im a newb on options. Lets say the stock is at $50. I sell a naked call at $55. And I also create a GTC buy limit order at $55. Even if it gaps up a bit....isnt it better to own the shares slightly higher than the $55 strike...rather than the stock hitting the moon...

What about dropping the limit order at about .15 below or above the strike? Or just set an alert if the stock gets close to the strike....just buy the shares on a market order.

What about selling a naked call OTM to collect premium without owning the shares. Then immediately put in a limit order to buy 100 shares at the strike price? If the stock goes down you keep the premium. If it goes up and passes the strike price your limit order would execute for 100 shares at...