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

[william the wie]

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.

 

[Dekster]

No idea. I stay away from that arena like it was plague city.

 

[Toddsterpatriot]

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.

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

You're lying.

 

[Cellblock2429]

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.

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

 

[william the wie]

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.

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

yeah thanks for people with more money than sense

 

[william the wie]

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.

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

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