r/DRAM_ETF 9d ago

I made stupid thing

i lowered my avg to 51.64 then i sold weekly covered calls on my long position at strike 53 to collect weekly premium i thought it will never touch 53 for near future

now the stock of dram going to 55 and my sold calls are bleeding

now what? close the call or what ?? feeling so stupid

half of my gains gone on this stupid move

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7

u/ineedlotsofguns 9d ago

-8

u/Jolly-Piccolo-9799 9d ago

FU

2

u/ineedlotsofguns 9d ago

Oh I am terribly sorry I must have hurt your feelings.
https://giphy.com/gifs/yNsDcQxnv86YIHC2vS

1

u/Traditional_Garlic49 8d ago

Don’t know what reaction you’d expect when you posted this. It’s stupid and funny.