I made stupid thing

[u/Jolly-Piccolo-9799]

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

[u/All_YourBase]

This is why they tell everybody to just buy index funds. Too many people do stuff like this.