Waiting on the stock market pays off big time. My profit target on my TQQQ position (Average price $20.19, 1100 shares) is never the all time high exit point. My goal is to sell covered calls on these for weekly income. Wish me luck 🍀Humble_Increase7503 t1_iu6lje6 wrote
How’s that workin g out holding tqqq long term… wjth the decay
stockslord OP t1_iu6mdhp wrote
Most likely you have not heard about selling covered call.
Humble_Increase7503 t1_iu6msd0 wrote
I’m fully aware of what a cc is
I’m saying, how’s that premium doing relative to decay
SuperBearPut t1_iuamumu wrote
He's talking about volatility decay, nothing to do with the options Greeks.
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