Or you can:Buy 100 AMC shares = -$6800Sell 1 AMC $75 call = +$3000Net cost for AMC = $38(Take a look at all those calls, most strikes expiring > 2weeks from $60-80 are around $30, which is like 40-50% of security price! Price difference of each strike is smaller than the strike intervals!)At expiry, if:AMC < strike (calls expire worthless) = max gain $7500-6800+$3000 = $3700AMC >strike (I get exercised) = Max gain capped $3700AMC stay at $68 = gain $3000AMC tanks = $6800-$3000= $3800 max loss (I lose net cost of shares)Unfortunately, tiger brokers does not support covered calls. After chatting with Customer Support, I was told “system does not support covered calls”.I was told that in the event of further price increase, I would be asked to deposit more and more funds, or else the
Opinion: What’s the smart way to play AMC’s stock? Try these two options strategies
AMC shares are super-volatile amid a short squeeze. Options can be a way to capitalize on the moves,
So all these boomers are finally admitting they don’t know what’s going on?And how is this news when someone says they don’t know a thing? I don’t know a lot more than them, I should be on the news.
So all these boomers are finally admitting they are no longer relevant? Why is it even news when a bunch of people say they don’t know a thing? I don’t know many more thingsthan them, why ain’t I on the news?