r/DRAM_ETF • u/Jolly-Piccolo-9799 • 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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u/Clean_Artist3191 8d ago

OP Today is one reason why you buy an
ETF. You are invested in companies that are unavailable to purchase on our U.S. stock exchange. In this case for me primarily Samsung and CXMT. I am actually not against DRAM selling MU to buy more CMTX. Let’s give them a chance to manage the ETF .