Short 150 GE call contracts (15 strike NOV)

at 70 cents

 

Sleep well this weekend. Ignore those takeover rumors!

 

Yea the market always lets retail sell the high print of the day in a series LOL. It’s always a good idea to sell at the money unhedged options, what could happen?

 

Why?

 

Good GOD. Please tell me those are covered.

 

I bet these were done in a paper trading account, so there's no need for hedging.