You sold a VST 155 CALL expiring on March 21, 2025, for $0.16 and later bought it back for $0.01, securing a profit of $0.15 per share (or $15 per contract).
Why This Covered Call Trade Made Sense
1️⃣ Collected Premium for Holding Shares 💰
Since you own VST shares, selling a covered call at a strike price of $155 allowed you to generate passive income without selling your shares. You received $16 upfront for agreeing to sell at $155 if exercised.
2️⃣ Capitalized on Time Decay & Price Decline ⏳
As time passed and VST’s price didn’t hit $155, the option lost value. You closed it early by buying it back at $0.01, locking in a $15 profit while avoiding assignment risk.
3️⃣ Quick, Low-Risk Profit 📈
• Entry Price (Sell Call): $0.16
• Exit Price (Buy Back): $0.01
• Profit per Share: $0.15 → Total: $15 per contract
For a simple covered call trade, this is a solid return, especially if you repeat it weekly.
Conclusion: Free Money from Covered Calls 🎯
This was a textbook covered call strategy, where you earned money simply by holding shares and selling options. Even though the premium was small, repeating this trade consistently can generate steady, low-risk income—paying for meals, reinvestments, or even more shares. 🚀@CaptainTiger @TigerEvents @MillionaireTiger @CaptainTiger @CaptainTiger @TigerStars $VST 20250321 155.0 CALL$ $VST 20250321 155.0 CALL$
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.
