r/StockOptionCoffeeShop

https://preview.redd.it/0h272llp2pth1.png?width=952&format=png&auto=webp&s=db4b02048384f4c6548ea85b799cc7070c0693ce

• $7,970 collected.
• Still have CRWV to write. Based on experience, that could be around $2k.
• May do one more buy/write, as the at-risk amount is just below $700k. Does anyone want me to do a particular stock they're interested in? Keep it below ~$600 max price.
• No premiums received for LITE or SOXL, as they remain outstanding from last week.
• If you're curious why the stock listing order has changed, I segregated the stocks by which account I have them in. CBRS and LITE are in my original Roth, SOXL is in a traditional IRA, and the rest are in the Roth dedicated to the campaign.

Good luck and have fun!

Nor do delta, vega, or rho.

I see this kind of stuff routinely, but it's just wrong.

The Greeks are descriptive, not determinative.

The BSM options pricing model has only four drivers of price movement:

• Stock price movement
• Time elapsing
• Risk-free interest rate movement
• Volatility changes

That's it.

So my advice is: when you read someone saying, "Gamma is driving the option's price" or something like that, ignore the post and block the individual, because they've shown a lack of understanding of the BSM model and its related Greeks.