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Posts: 3

mandy1

Veteran

Joined: Feb, 2009

Posts: 2005

Posted: Jan. 19, 2019 - 8:11 PM ET #1

Anybody write options, I like Twillo and Shop. Great option money and you can write them for a week at a time!

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wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 56778

Posted: Jan. 20, 2019 - 2:41 PM ET #2

writing for a week doesnt make sense, the cost of commish to sell the CC and then trying to get something right at the strike price...its tough.

SHOP isnt a cheap stock, so what kind of return are you claiming for a week like 1% maybe? Then if the stock drops below the strike you are underwater more than the CC you wrote.

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BIGfnPOO

MVP

Joined: Jun, 2006

Posts: 18880

Posted: Jan. 23, 2019 - 3:10 AM ET #3

whew ty Wall st.

bigFnPOO

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