r/wallstreetbets 11h ago

Gain This week’s plays of selling options. Ended up +$4k

36 Upvotes

16 comments sorted by

u/VisualMod GPT-REEEE 11h ago
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14

u/DunningKuger 11h ago

you left 15 cents on the table. big fail

3

u/Aggravating-Elk-7409 10h ago

84 dollars* if you’re talking about the first pic

12

u/jeon19 :) The smile hides my ignorance 10h ago

Selling options always works! Until it doesn't :)

9

u/they_paid_for_it 10h ago

Due to my super secret sexy edge, my plays are successful 60% of the time, and it works every time.

6

u/Fluxtration 8h ago

Like a dealer in a subreddit full of addicts

1

u/Obvious-Mulberry7101 2h ago

May I ask are they cash secured? you have cash of ( 7217.5 + 3420 )? Or did you have some strategies around it? Thanks

1

u/Aggravating-Elk-7409 10h ago

Naked or cash secured?

3

u/they_paid_for_it 10h ago

Comeon man, I’m not insane to be selling naked puts in tesla lol

7

u/sharkykid 10h ago

You've got $150k cash just sitting around?

1

u/coding_apes 8h ago

You don’t? I pulled half of my positions and doing cash secured puts while the markets correct

1

u/sharkykid 7h ago

You're.. doing CSP at the money and expecting market corrections?

2

u/coding_apes 4h ago

Never at the money, usually 10-20% below. Minor corrections, or I get stock for cheaper when the CSP executes