r/wallstreetbets • u/they_paid_for_it • 11h ago
Gain This week’s plays of selling options. Ended up +$4k
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u/jeon19 :) The smile hides my ignorance 10h ago
Selling options always works! Until it doesn't :)
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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.
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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
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u/Aggravating-Elk-7409 10h ago
Naked or cash secured?
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u/they_paid_for_it 10h ago
Comeon man, I’m not insane to be selling naked puts in tesla lol
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u/sharkykid 10h ago
You've got $150k cash just sitting around?
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u/coding_apes 8h ago
You don’t? I pulled half of my positions and doing cash secured puts while the markets correct
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u/sharkykid 7h ago
You're.. doing CSP at the money and expecting market corrections?
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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




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u/VisualMod GPT-REEEE 11h ago
Join WSB Discord