OptionHans @HansCashFlow Twitter profile | Pikagi

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OptionHans

@HansCashFlow

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Ivy League award-winning asset manager. Managed $1B in option strategies, $750M in options cash flow. (tweets are NOT advice)

$750M cash flow for investors

https://t.co/ppSuQzwxBR

Joined January 2023

Don't wanna be here? Send us removal request.

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@HansCashFlow

OptionHans

26 days

Folks love to sell puts in persistent market rallies. Makes sense: they tend to go to zero. But what has better overall success in a bull market, put sales or covered calls? You might be surprised to find out. Selling an out-of-the-money call (OTM) against stock is net “longer

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@HansCashFlow

OptionHans

7 months

Guys, when you've captured 80% of the profit in a short option trade guess what? The math on risk/reward HAS CHANGED. When you originally set up the trade you had a nice Theta to Gamma ratio - meaning you had plenty of potential erosion for the movement risk you were willing

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@HansCashFlow

OptionHans

2 months

Wow. What a week for the CFI Discord community. We finished the current live program, which a student called "extraordinary". Next one starts July 23. And trades! TSLA put sale: captured 37% in two hours yesterday, (after capturing 66% on a trade last week). Closed DHI and

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@HansCashFlow

OptionHans

2 months

Option sellers... this might be the most important post you ever read. The tweet below from a covered calls “expert” highlights the exact dangers of using Covered Calls and Cash-Secured Puts on the wrong stock. I’m not naming the person who wrote this because it wouldn’t be

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@HansCashFlow

OptionHans

5 months

A lot of folks saying that put selling will get you killed in a down market. Versus what? Stock ownership? Nope, you'll be better off selling puts - better risk-adjusted returns versus long only stock. Now, are you saying put selling will underperform versus cash? Yeah

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@HansCashFlow

OptionHans

1 year

Option sellers be aware of the change in the tone of this market. June was an extremely low vol month, even seasonally. July not much different. And that meant cash secured put strategies were the place to be. Volatility is rising however, particularly intra-day swings.

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@HansCashFlow

OptionHans

8 months

META's move is a good example of how negative leverage in selling options can work against you. Remember that when you sell options you are on the angry side of leverage. That's not necessarily a bad thing because you receive premium for it. But make no mistake: you can sell a

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@HansCashFlow

OptionHans

10 months

So you'll hear about Gamma levels around here but what do they mean? Calculating Gamma is both an art and science but let me give you a small example. Covered call sellers are always selling calls, but who do they sell them to? Usually market makers, who are trading their

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@HansCashFlow

OptionHans

8 months

A lot of what you read about selling options is the easy part. Opening positions, collecting premiums, letting them expire worthless... that's the EASY button side of it. But being a successful option seller is about doing the HARD things - closing positions when they aren't

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@HansCashFlow

OptionHans

1 month

Careful with some folks bragging about an 80-90% win rate. With options that doesn't mean much. You can make 10 cents 20 times in a row and then the next trade loses $5. Nice win rate, short career. Tough market out there - stay safe. #Optionselling

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@HansCashFlow

OptionHans

1 year

I often like to think of Covered Calls and Cash Secured Puts as a target management tool. For example, say I want to buy MSFT at 300 when it's trading at 325. Selling the 300 put helps me to commit to the 300 level. I don't get in my own way when it drops to 315 and I'm

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@HansCashFlow

OptionHans

11 months

Guys I keep saying this: realized volatility is higher and rising on a daily basis. This is not the environment to be getting aggressive on option sales, and certainly not the right climate to be adding to bad positions. Many option sellers who've gotten into this game this

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@HansCashFlow

OptionHans

4 months

3500 followers today - thank you to all who have supported me over the past year. I don't try to be flashy but do try to present sensible ideas and wisdom related to risk and reward in options. Onward!

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@HansCashFlow

OptionHans

5 months

For all the talk of put sellers getting hurt (I had some light hearted fun with it earlier) the out-of-the-money put sale is actually better than owning the stock in this kind of market. Short a 25 delta put is less long than 100 deltas of stock. Now, the 25 delta will

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@HansCashFlow

OptionHans

7 months

Covered calls or cash covered puts - which is more long the market? Well, it depends... if you did both at the same strike price they would be equal due to put call parity (long stock + short call = short synthetic put). But typically people sell out of the money options for

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@HansCashFlow

OptionHans

5 months

A great deal of trading is right between the ears, so... So, to let you all know I’ll be presenting at the Psychology, Discipline, and Time Management 2024 Conference this Thursday, May 9th at 12:00 pm EST! It’s FREE so grab a sandwich and join me online as I talk about how

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@HansCashFlow

OptionHans

5 months

Does anyone remember why a number of people on here keep repeating that you'd better like the companies you sell puts on? Cause you own them now. #optionselling

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@HansCashFlow

OptionHans

1 year

Why does put selling work much of the time? Because puts are generally overpriced. Why? Because of Mark Twain: “I've had a lot of worries in my life, most of which never happened.” - Mark Twain Markets worry. Investors worry. It shows up in put pricing. But most of the

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@HansCashFlow

OptionHans

11 months

If you're short puts or calls and the positions close near the money on expiry pay attention to aftermarket trading. You may end up assigned if there is movement to in the money. I've exercised long calls as late as Saturday morning on news. The seller was quite surprised on

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@HansCashFlow

OptionHans

6 months

#TSLA has been a nightmare lately for longs. But if you've been selling calls on the way down it has eased the pain. That's what it's all about sometimes, getting paid while you wait for better days. Would you have been better off selling the stock before the selloff? Well,

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@HansCashFlow

OptionHans

7 months

When the VIX is low (14 and under) it is generally a poor time to sell covered calls. Shocks tend to come to the upside (Meta, NVDA). Short covering is happening, underinvested managers are playing catch-up, new money is being put to work. When the VIX is low allocators are in

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@HansCashFlow

OptionHans

5 months

So I'm an option trader and an option seller. I've managed up to 8 covered calls ETFs at a time, and what have I told hundreds of clients, students and investment advisors? That my base approach is I don't want to sell covered calls. What? Yes, you heard that correctly.

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@HansCashFlow

OptionHans

6 months

I'm seeing too many comments about nice csp profits turning very red by the end of yesterday. I keep saying it: ABC, Always Be Closing. Yes this market has been relentlessly up but grab wins when you can: don't squeeze those options for every last drop of premium. The pain

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@HansCashFlow

OptionHans

3 months

Unfortunately many people are getting lured into poor man covered calls and have no clue what they're doing. There is time value, sometimes significant, on the LEAPS and oftentimes I see call sale strikes way too close to the LEAP strike. These take special management

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@HansCashFlow

OptionHans

6 months

Covered calls can be a great way to squeeze the premium and add cash flow to your account. But they come at a cost: you potentially give up upside in the name. How much? Well it depends on the strike you select: in the money, out of the money, at the money etc. But think very

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@HansCashFlow

OptionHans

7 months

Want to hit home runs? Long options is the way to go. Make leverage work for you - ie turn $1 into $5. But hold on, one issue with that is that generally options are overpriced, meaning implied vol is higher than historical. We call this excess value the Volatility Risk

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@HansCashFlow

OptionHans

11 months

“An investor needs do very few things right as long as he avoids big mistakes.” -Warren Buffett. Well, for options trading this has an even deeper meaning, because mistakes can be big in an exponential way. When you sell an option for $1, the most you can make on it is $1.

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@HansCashFlow

OptionHans

7 months

Some folks think selling puts on down days is the way to go. I think that can work if the stock is in a general uptrend, ie above its 20 day, which is above its 50 day (and maybe even 9 above the 20). But do you want to be selling puts into a severe multi-day selloff? Well,

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@HansCashFlow

OptionHans

11 months

When selling options remember to treat the "expected move" estimates with a grain of salt - meaning the stock is expected to stay within those parameters only 68% of the time. Yes, that is MOST of the time, technically. But that also means that 1/3 of the time strikes will be

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@HansCashFlow

OptionHans

1 year

1200 followers! Thank you all for the warm and continued support. When I get to 1400 I will give away access to my flagship Options Mastery Course to 2 lucky winners. Happy trading all, Hans

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@HansCashFlow

OptionHans

6 months

LEAPS calls are a unique way to create upside exposure to a stock. But keep in mind that Vega risk is highest for longer term options. So the further out you go the more a change in volatility will help or hurt your holding. Try to monitor where the implied vol is in its

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@HansCashFlow

OptionHans

4 months

So you sold a GME put and received $3 for a an option that was only a few dollars out of the money. Mission accomplished, right? Well the stock just jumped $45. But you made $3 for taking on most of the risk of owning the stock... This highlights why selling options into

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@HansCashFlow

OptionHans

11 months

@Ksidiii Wow this is awesome Kris. Having traded through many of these events over 25 years I agree completely. Don't be a deer in the headlights. Don't over analyze. Buy vol dips. Don't try the pick the tops and bottoms. Vol is high so know that the scalping ops will stay for some

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@HansCashFlow

OptionHans

7 months

Selling cash covered puts? Good results in the long run are certainly about wins, but also about reducing losses. They are about keeping the deadweight anchors out of your account. They could haunt you for a looooong time. That means when a put on a crap stock goes

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@HansCashFlow

OptionHans

6 months

Folks, selling options is a great way to generate cash flow but it's not without risk. Positions need to be managed and hard decisions sometimes need to be made to preserve hard fought gains. One way to protect is to pick up some "teenies", which are some far out of the money

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@HansCashFlow

OptionHans

11 months

@RE_MarketWatch Omg. That is a tough pill to swallow but they really asked for it

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@HansCashFlow

OptionHans

8 months

In a VIX 12-14 environment I've been saying be very careful with covered calls - they are often underpriced and strikes are closer to where the stock is trading. Remember, when option pricing is low not only are premiums lower but your strike prices, for a given delta, are

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@HansCashFlow

OptionHans

8 months

Option pricing has popped up again on a rare 2% selloff in tech. Remember, when option prices rise you are exposing your option selling to higher embedded negative theta - this means more decay potential, meaning better option selling yields. When selling options theta is

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@HansCashFlow

OptionHans

7 months

PANW another example of the danger of selling puts into earnings. I saw folks selling puts for 0.30 that are now worth $15. Convexity can hurt. And since it's a gap there is little ability to adjust. Yes, gaps can happen anytime but on earnings you're inviting problems into

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@HansCashFlow

OptionHans

5 months

Costco opens at 9am. At 9:05 the parking lot is 85% full. Just an amazing company that shouldn't work on paper: People have demanded nicer grocery and retail stores over the years. Everything gets nicer, except Costco - it's not pretty, it's crowded, the lineups can be long,

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@HansCashFlow

OptionHans

3 months

When deciding on trading a covered call you are most certainly excited about the income part of the trade (call sale). The prospect of "free money" is fun to think about. But I'll say right here right now... prioritize the stock over the income. You are creating a

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@HansCashFlow

OptionHans

5 months

I've said this before but this past week has been another good reminder to ABC: Always Be Closing. When volatility is more elevated, which it clearly has been, you need to take off positions when presented with 50%-75% capture. By capture I mean if you sold a put for $2,

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@HansCashFlow

OptionHans

10 months

Another note about path dependence with covered calls. Very important to understand this. Investors are often confused with CC performance when the underlying stock doesn't move over some period, while the covered call strategy lost. Because after all, aren't we told that we

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@HansCashFlow

OptionHans

7 months

Selling options is a little like flying a small Cessna plane (I have a private pilot license). When the air is calm, and the skies are blue and clear it's the easiest thing to do. You can fly that thing with your little pinky finger. But when the wind picks up and the storm

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@HansCashFlow

OptionHans

7 months

Feel the freedom that comes with relinquishing a bad position. It can no longer torment you - you are now free to allocate your emotional capital towards something positive. Don't underestimate the power of moving on... #Optionselling

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@HansCashFlow

OptionHans

10 months

I keep reading on X about how the "Market Makers" are doing this and that and manipulating whatever. In the trading world market makers seems to be "the man", a target responsible for whatever sinister conspiracy that people can come up with. You're giving the MMs way too

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@HansCashFlow

OptionHans

4 months

Have you heard of the "VIX Weekend Effect"? This refers to the effect that plays out as the VIX typically jumps on Mondays. Note that the VIX is up 57% of the time on Mondays and down 66% of the time on Fridays. Ah, but that doesn't prove anything Hans... maybe markets are

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@HansCashFlow

OptionHans

11 months

Sometimes with options selling you're running to stand still. The market is weak and you're taking in premiums but the overall portfolio is dropping more than you can raise in premiums. That's OK. It's all part of the process. #Optionselling

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@HansCashFlow

OptionHans

1 year

If anyone is telling you that selling options with undefined risk is ok (ie selling naked calls), please stop listening. Make sure you can distinguish sensational trades that are meant to grow followers from those on Twitter that actually practice safe trading with proper risk

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@HansCashFlow

OptionHans

11 months

Even though selling out a bad position is technically a loss, it's actually a winner's move. Because over time getting rid of positions that aren't working for you is the way to success. Selling options entails asymmetrical risk. Make sure you are getting in the way of that

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@HansCashFlow

OptionHans

8 months

New option sellers, remember that choosing a strike to sell isn't about looking at a fixed level of strike distance. For example don't pick 2% out-of the-money strikes for all your strikes regardless of the stock you're trading. 3% might be ok on Apple but may be too close for

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@HansCashFlow

OptionHans

1 year

Put writing can be a very useful tool for those looking to potentially own a stock at a lower price. But some people also sell puts as a way to generate income - they would in fact prefer to not take ownership of the stock at all. Either way, put selling often has a

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@HansCashFlow

OptionHans

3 months

The #VIX average over the decades is just below 20. And yes, it's a mean reverting number, meaning it tends to get back to that level. But does that really matter most of the time? Not really. And this is why most people misuse the VIX. The far more important number to

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@HansCashFlow

OptionHans

1 year

Need yield? No problem. Turn yourself into a stock landlord and use your equity portfolio as a rent-collecting machine with strategic covered calls. 1.Sell away the "unusual moves" by targeting a strike that is at the edge of the standard deviation envelope. 2.Sell a one

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@HansCashFlow

OptionHans

11 months

Have you ever heard: "The buyer of a put is bearish". Not necessarily true. My house insurance is effectively a long put contract, but I sure don't want it to trigger! So, the buyer of a put may be protecting an underlying stock holding against a severe drop in value. He's

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@HansCashFlow

OptionHans

5 months

SPX just went from 4100 to 5300 and folks are getting upset with a 200 point selloff. These are stock markets guys - there's supposed to be some give and take. We didn't have a 2% daily drop for months. Rates and inflation are high, market multiple is no bargain. Expectation

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@HansCashFlow

OptionHans

11 months

This is not the market to be selling puts in anything that isn't 5 Star. Selling puts on junky speculative names, or companies that are going to need cash in the near future is something you need to really think about. Look at solar names today and yesterday. No room for

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@HansCashFlow

OptionHans

3 months

Let's talk about the option selling elephant in the room.... Why is quality of company important when trading covered calls and cash-secured puts? Because you are effectively creating a "bond proxy" with these strategies: You are generating a "coupon" via option selling,

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@HansCashFlow

OptionHans

10 months

I've noticed people saying that covered calls are all about the income. "Don't worry about capital gains" - they say. I disagree. These are not a Treasury Bond, you have most of your capital at risk here. The premium income is a bonus, but you must, above all, consider the

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@HansCashFlow

OptionHans

3 months

Ask anyone who sells options on earnings if they've had any big winners and the truthful answer 99.9% of the time should be...no. Because structurally you can't have a big winner selling puts or calls. You can only have a "big winner" buying options because that's where the

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@HansCashFlow

OptionHans

5 months

VIX is up, VVIX recovering sharply and skew getting a bid? Is this an opportunity for option selling into fatter premiums...or reason to be cautious with the selling campaign after a run that has seen SPX underrealize by a TON versus typical market movement. We haven't had a

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@HansCashFlow

OptionHans

5 months

Want to learn how to crush the premium with option selling strategies like covered calls and cash secured puts? About me... ☑Managed $1 billion in option overlay strategies. ☑Have generated $750 million in options cash flow for investors in options strategies I've managed.

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@HansCashFlow

OptionHans

1 year

Sold the MSFT Oct 300 put for 5.75. Game plan: if MSFT rallies I collect the premium and will do it again. If it drops soon I'll look to finance some upside calls with the premium I received. Worst case I own MSFT at $300, which is great. I love the name for AI, balance

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@HansCashFlow

OptionHans

9 months

Guys remember that covered calls and cash secured puts are not so different. Think about it. With covered calls you accept most of the downside in the stock and limited upside. With put sales you similarly accept most of the downside in the stock and limited upside (limited to

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@HansCashFlow

OptionHans

9 months

The combination of low option prices and steadily rising stocks makes for a difficult covered call environment. Remember, when VIX is low you tend to have 2 things happening: 1)markets are not worried about much and therefore stocks are rising 2) low premiums, particularly on

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@HansCashFlow

OptionHans

1 year

When trading long options... give yourself enough time to be right. After all, the one thing we can't control is when our stock idea will play out. There's nothing worse than buying a call, only to see it expire, and the stock to THEN make the move we expected. Harness the

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@HansCashFlow

OptionHans

5 months

Remember the wheel trade... those wheels will be in full rotation next week.

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@HansCashFlow

OptionHans

10 months

Over 2000 followers - thank you all for your support! I love being part of the X options trading family. In celebration I'm putting my course on sale - use code 300off at checkout to save $300 on my 16 hour comprehensive options trading course, which is designed to help you

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@HansCashFlow

OptionHans

8 months

Options trading is a little like poker. You have to know when to hold 'em and when to fold 'em. Dump those bad positions before you waste much time, money and emotional capital on them. But let the winners work for you. Options have a negative asymmetrical profile. You can

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@HansCashFlow

OptionHans

6 months

Don't want to sell a position at a loss? That's why you're not performing. Most people take quick profits and let the losers run. That's why most people don't last in trading. Don't be most people. #optionselling

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@HansCashFlow

OptionHans

6 months

"Options are a zero sum game." Technically true, but that doesn't tell the whole story. I've traded long gamma for decades. When you're long options on balance and you're delta neutral, market movement is good. The saying was "the bend is your friend". That means you can

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@HansCashFlow

OptionHans

5 months

I had a question from a student about leveraged ETFs (ETPs) and I thought it was an important enough question that I would talk about it here too: 👉Take a 2X leveraged long fund: 2X product is designed to move up 2x the index performance. Index up 2%, ETP up 4%. 👉3X: Index

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@HansCashFlow

OptionHans

1 year

This has turned into a tougher CSP market. Which means you have to adjust. Letting a 15 cent put sale turn into a 2 dollar loss is what we're trying to avoid. That's going to eliminate a lot of previous wins. Control what you can and absolutely react to adversity - don't just

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@HansCashFlow

OptionHans

7 months

Are you selling in the money calls? That's ok: you're actually running a synthetic put sale strategy, and that's ok. You're giving yourself some extra cushion to the downside and thus less delta long the market. You're also probably giving yourself a little extra juice to

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@HansCashFlow

OptionHans

4 months

So #VIX in the 11s. For option sellers this means premiums are getting thin... but generally when VIX is low like this realized volatility is even lower (realized is movement). So vix 12 can actually be "expensive" as stocks just don't do much or melt slowly up. But yes, it

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@HansCashFlow

OptionHans

6 months

What is trading options delta neutral? It's when you have a certain positive or negative directional risk to a position and you're looking to neutralize that risk, ie reduce your overall delta to about zero. Example, you're long two 50 delta calls on AMD but you're nervous

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@HansCashFlow

OptionHans

1 year

One of my course students asked: "I don't understand the weekend theta decay idea - don't the options decay evenly each day?" My answer in our Gamma Course Community: "Theta decay is ASSUMED by the model to be consistent each day (although it should get a little higher each

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@HansCashFlow

OptionHans

5 months

Selling an out of the money covered call into earnings? You're just selling an in the money put. Doesn't work great when the stock sells off 15%. Doesn't matter how much time value you got.

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@HansCashFlow

OptionHans

10 months

Volatility metrics often confuse people. "What do you mean a 21 VIX can be cheap and a 14 can be expensive?" Well, remember that options are a derivative of an underlying and are tied in some measure to that underlying's behavior (movement). It's not a perfect relationship

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@HansCashFlow

OptionHans

3 months

When selling options implied volatility (option pricing, iv) matters, but know what matters at least as much? Actual volatility, which we call realized/historical volatility. Why? Well, implied volatility is the expectation of movement going forward, which is just sentiment

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@HansCashFlow

OptionHans

1 year

$1 Billion Ivy League option overlay portfolio manager 13 year professional options market maker 12 year covered call and downside protect options strategy fund manager (9 overlay ETFs) Featured on Bloomberg television, TD Ameritrade shows, Nasdaq Trade Talks, Morningstar

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@HansCashFlow

OptionHans

9 months

30% of the S&P 500 are in the blackout period now with 50% in blackout by the end of the week (this means no buyback activity). Estimates are that volumes decline by 30-35% during buyback blackouts. Careful out there - low liquidity drift.

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@HansCashFlow

OptionHans

9 months

A $10,000 investment made in 1950 in the Standard & Poor’s 500 Index would have appreciated only to $14,590 by year-end 2022 if invested only in May through October. But if invested from November through April, it would have appreciated to $928,356.

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@HansCashFlow

OptionHans

1 year

When thinking of selling cash secured puts don't just start with a hunch. Layer all the forms of edge you can in support of the trade: 1.Volatility Edge (ie are options cheap or expensive) 2.Technical Edge (ie can you incorporate a view from trendlines, moving averages, MACD.

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@HansCashFlow

OptionHans

6 months

Ok options lovers. Somebody push me over 2800 followers. That might be where X will pay me 0.00000045 Mexican pesos

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@HansCashFlow

OptionHans

7 months

Notice that when the VIX goes from 13 to 18 in a hurry you get hurt by 2 things on your short equity puts. One is the act of positive Delta: you get hurt from the stock going down and the puts going up. That one is easy and expected for most puts with some reasonable life

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@HansCashFlow

OptionHans

2 months

SPX 30 day realized volatility making new 4-year low of 5.7%. So the VRP, the implied realized volatility spread, is 4.5% (96th percentile). What does that mean in English? That while the VIX is 12 and option pricing is low... movement is much lower. So options are actually

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@HansCashFlow

OptionHans

1 year

Stay off TILT in this market. TILT is a poker term that means losing your cool, especially following a bad beat (ie someone beats you by drawing a miracle card). Ok, so you've had a good run with cash secured puts - this market rally has been monumental, forcing even the big

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@HansCashFlow

OptionHans

4 months

Want my FREE 5-day mini options course? It's actually not so mini but it IS packed with insights from an options trader and manager who has 30 years of trading under his belt, having managed a billion $ in options strategies. The course goes over: covered calls, cash secured

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@HansCashFlow

OptionHans

11 months

Remember, high volatility names are high for a reason - they are not only more volatile in a general sense, but are also prone to bigger gap risk on news or earnings. This is a key point. You are playing with fire with names that lure you into option sales with very high vol.

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@HansCashFlow

OptionHans

5 months

Social media and access to information is great. But never before in history have so many people been able to gather just enough information on a topic to be dangerous to themselves. ie option selling... #optionselling

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@HansCashFlow

OptionHans

5 months

#META continues to deliver a mastercourse in why selling options into earnings usually doesn't make sense. Last year it soared through upside expected strikes by a TON. Today it is crashing through the downside expected move by a lot. Time to decide: do you want

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@HansCashFlow

OptionHans

7 months

Delta helps to position your total size appropriately, but make no mistake: when you're selling options you need to assume 100 deltas of risk. So at a 50 delta you may be long 150 deltas via 3 short put contracts. But you're true risk is 300 deltas - worst case you own 300

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@HansCashFlow

OptionHans

7 months

Remember that option behavior is not linear. This has to do with delta: When a strike price is way out-of-the-money the option will be LESS reactive to moves in the underlying stock. This is reflected in the delta, which will be lower, ie 15. The option price should move

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@HansCashFlow

OptionHans

6 months

When long covered calls, time is important to take into account when looking at performance. Your maximum profit occurs at the strike price but only at expiry...if the stock runs to the strike price right away you won't see that full profit yet - the option will in fact gain

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@HansCashFlow

OptionHans

4 months

Why am I so damn good at coming up with arguments AFTER the argument has ended??

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@HansCashFlow

OptionHans

5 months

I forgot to post my Turnaround Tuesday list. I like to keep a list of names that are interesting but suffering. What's on your turnaround list? Let me start (you can agree, disagree or add): #SBUX #TSLA #LULU #PANW #AAPL I'm liking the companies and am monitoring for signs of

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@HansCashFlow

OptionHans

5 months

VIX futures still mildly backward. We're definitely not out of the woods here. Be prepared for big swings either way. Trader's market for sure. I wouldn't be averse to selling some covered calls into any rallies with premiums elevated and the SPX massively above its 125MA.

Tweet media one

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@HansCashFlow

OptionHans

3 months

This past week has been a reminder that quality of company is important when selecting stocks for put sales. Note the outperformance of MSFT COST NVDA and AAPL. Now, yes, I've cherry picked just about the only 4 stocks that did well! But I'm trying to make a point here. Don't

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@HansCashFlow

OptionHans

10 months

$TSLY is up less than half of $TSLA's performance this year. In covered calls the path of the underlying stock is VERY important. #optionselling

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