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Bro, I have a question. I oown 3,500 shares of PSTH. What’s wrong with selling 35 calls with
strike expiration for Januyary 2023? I will get ,850 in premiums which then I can use to buy
another 850 shares at now. That way, if my option do execute at , I’m happy that I got a nice profit.
And on top, I have 850 shares to hold for the longterm.
Why do you recommend the monthly when we can sell calls for 6 month to
an year? Thhe risk here is the tock can go well over and I
missed out on gains with my 3,500 shares? Also, once you
collect this premium, is there any way you can trade out of this?Thanks
In advance!