suasposnte187 t1_ja9lhz9 wrote on February 27, 2023 at 9:14 PM

Reply to comment by RollTheDiceFollowYou in and I wouldn't change this system for the world. by moonyou22

They are not screwing you, they are giving you the full value of the option before the option has expired.

Drivesabrowntruck t1_ja9m7ot wrote on February 27, 2023 at 9:19 PM

I’d love if someone would exercise early, free money.

suasposnte187 t1_ja9p4mu wrote on February 27, 2023 at 9:37 PM

Thguru t1_jaargux wrote on February 28, 2023 at 2:05 AM

Woho Woho I didn’t come to wsb to find logic being spit out

SokarDaGreat t1_jablqh2 wrote on February 28, 2023 at 6:37 AM

You didnt lmao, it only works out in your favor if the shares you have as collateral against the covered call are above your cost basis. If you are down pretty good and just selling CC’s to recoup some losses and then get early exercised you sold for a loss. Then as usual the stock will run up after the assignment and youll be sitting there with your dick in your hand and the shitty premium.

Camel_Sensitive t1_jac0tdx wrote on February 28, 2023 at 10:04 AM

This has nothing to do with the fact that you received free premium and can buy the stock again. Peak WSB's.

SokarDaGreat t1_jac1tlr wrote on February 28, 2023 at 10:18 AM

Then you make a wash sale if its below your cost basis. Peak wsb. Stfu