Covered call option selling against the underlying shares on Monday just expired worthless thus keeping the full premium collected.
The IV on QQQ was so crazily high last night!! IV was like 360%!! Rarely rarely seen. Even at the end of the trading day, could sell a covered call $3-4 away and still collect almost $100 for 1 lot of contract, most time one can't even get that sort of premium at market opening let alone toward end of trading day. $QQQ 20241120 508.0 CALL$
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.00 1Lot(s) | +100.00% Closed |
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.
