Why are People Paying high Premiums to lock in a higher price?

Discussion in 'Stock Market' started by william the wie, Jul 24, 2019.

  1. william the wie
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    william the wie Gold Member

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    Today my portfolio went up 3.3% just on premiums from covered calls and if they are exercised my portfolio will go up by another 54%. I am grateful for whoever is on the other side of the bet but I sure don't understand them.
     
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  2. Dekster
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    Dekster Gold Member

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    No idea. I stay away from that arena like it was plague city.
     
  3. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    Today my portfolio went up 3.3% just on premiums from covered calls

    You're lying.
     
  4. Cellblock2429
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    Cellblock2429 Gold Member Gold Supporting Member Supporting Member

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    /——-/ The market makers run the show. Good return. My BYND is up 1,000% since May and ZOOM is up 700% in a month
     
  5. william the wie
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    william the wie Gold Member

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    yeah thanks for people with more money than sense
     
  6. william the wie
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    william the wie Gold Member

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    Me I'll just hold on to my premiums and Dividends until I get enough to buy another issue that meets my screens.
     

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