Thoughts on hedging my stocks with options?
I bought 6000 shares of stock in July for $40.. it went down to $20 now it's $32 as of today....
If I sell calls at xp of 35 for Sept.. i would receive $4...
My intuition is stock continues to climb but I don't have a magic ball..
I don't mind taking a loss..
Fwiw.. Earnings are at the end of September
Thoughts on selling covered calls?
Partial hedging?
u/Livetodie1 — 6 days ago