u/Livetodie1

▲ 8 r/CoveredCalls+1 crossposts

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?

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u/Livetodie1 — 6 days ago