lol, just look up mstr, it is up at 176, you are rolling still 152.5, how much money you left on the table. if you keep the stock as core holding, at least you roll up the strike slowly with a smaller premium.
the worst case scenario is the stock goes to zero. A bad case scenario is that the stock goes to 500 and you missed out on those gains if you didn't have the options. Are you okay with these two scenarios at the amount of premium you are receiving? You can always just sell the stock and put the money in Tbills earning 5% risk free.
Very well stated and understood. Everything depends on the future price range. I appreciate the feedback
I roll all the time, I'm rolling NVDL for months! Mstr is so volatile that I can almost guarantee that it will come in under your sell call and you will collect all premium that you rolled over
I'm selling many puts on MSTZ at the moment Sold puts at 14 and 12 for November! This MSTZ will be extremely volatile as it's a 2x of MSTR
When you say you rolled it over for a 16.73 credit what was your last covered call for? $1673 credit? I'm sure you bought back the last call for say 15.25 and sold this call for 16.73 for a net credit of $148
I guess it can burn both up and down since it's attached now to bitcoins movements.... And if you saw last quarters earnings.... They were absolute garbage.