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
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?