Nice! I really like when it's a legit trade happening in the video. It can be confusing to visualize when it's all hypothetical. I'm pretty familiar with the wheel but much more so with covered calls than cash secured puts.
I have NVDA cost basis $180 with a option sell call $260 expire 6/2024.. current at $395 today. It's there away to roll option to keep from call away .
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Could you explain options spread in "baby terms " and show some examples - Thank you in advance.
Nice! I really like when it's a legit trade happening in the video. It can be confusing to visualize when it's all hypothetical. I'm pretty familiar with the wheel but much more so with covered calls than cash secured puts.
So, is it more profitable if you lower the limit price or higher the limit price? When targeting a good amount
I have NVDA cost basis $180 with a option sell call $260 expire 6/2024.. current at $395 today. It's there away to roll option to keep from call away .
Thank you !
little late to the party here, but why would you roller over it over instead of just letting expired and open up a new one the fallowing Monday?
I just made this same move this morning LOL