f*ck you. You are wrong. The short put at the target is the same trade with less trades. You can short the put and buy it back and short it again. Trading nothing but that single put to achieve the same (identical) goal.
That's another way to do it but the problem with short puts is I'm not allowed to trade some of them at my bank... Like I can't short put Mara and they don't believe in cash secured puts. Also I want to hold the stock because then I make profit on the stock plus the premium. Wait I shouldn't be shorting at the Target then I'm going to get assigned at the top. I should be shorting where I'm buying but as mentioned I'd rather hold the stock.
That's the weakest excuse that you've ever made other than waking up buck naked in that Tim Horton's.
If buy writes don't make sense then buying shares doesn't make sense. This is buying shares with the added benefit of premium. Technically you aren't giving up any upside, so it's a win-win.
That doesn't even qualify as a fallacy. If "capping your gains for a small premium" doesn't make sense then "buying shares with unlimited profit potential" doesn't make sense? You are giving up all upside (less the shitty premo).
What do you gain by shorting an atm put? What do you gain by buying the shares and shorting the atm call?
You should never buy write,you should never buy stock... You are the worst stock picker on the board,but the good news is the magnitude and velocity of your ineptitude Buy vol,thank me later
Doesn't make sense if you can't chart. Could if I know that price is at 100 and it's going to top out at 108 before retracing then I sell a call for that time frame and not Target. No you aren't! Even in a bull rally the stock moves in statistical levels. You are thinking in absolutes...where its either unlimited profits or the premium lol where in reality you get both premium & profits.
Only the Jedi don't understand synthetics. Buying the stock and selling the 108C is = selling the 108P. Do the latter and don't breed. You were discussing APLD and buying the stock and simultaneously shorting the call. You're not even following your own advice of waiting for the share gain to short the call.
You bot and then shorted the call. WTF do you charts have to do with reaching a price level before shorting the call? These are 0DTE. Just short the f*cking put. It's dumb... just less dumb than your previous floor.