bs6969
10-26 22:43

$TIGR 20260717 4.0 CALL$ 

Win 

๐Ÿถ๐Ÿ’ฐ How I Made US$504.50 Selling Covered Calls on TIGR!

๐ŸŽ‰ My Options Puppy Winning Trade!

I made US$504.50 in profit from my TIGR covered-call strategy! For me, selling covered calls is one way to generate additional income from shares I already own.

๐Ÿ“ˆ 1๏ธโƒฃ Why am I making this trade now?

When I own shares of a company, I can sell call options against those shares to collect premiums. In exchange, I agree to sell my shares at the strike price if the options are exercised.

๐Ÿ’ต The benefit is that I can earn premiums while waiting for the stock price to move. If TIGR stays below my call strike price of US$4 until expiration, the option may expire worthless, allowing me to keep the premium and potentially sell another call.

๐ŸŽฏ However, if TIGR rises above US$4, my shares may be called away at that price. I could miss out on further gains if the stock rallies significantly.

๐Ÿถ 2๏ธโƒฃ Whatโ€™s my plan from here?

I will continue monitoring TIGRโ€™s price movements, support and resistance levels, and market sentiment. If I still want to own the shares, I can consider selling another covered call with a suitable strike and expiration.

โš ๏ธ Covered calls are not risk-free. If TIGR falls sharply, the premium only provides a limited cushion against my losses.

๐Ÿ’ก My Options Puppy philosophy: I want my existing shares to work harder for me by generating extra income, while staying disciplined about the risks.

#OptionsTrading #TIGR #CoveredCalls #OptionsPuppy #WinningTrades

Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment