WHC 1.18% $7.72 whitehaven coal limited

Target $18.72, page-6082

  1. 541 Posts.
    lightbulb Created with Sketch. 74
    im not ‘trading’ options. I run a strategy called ‘the wheel’ making money off high IV / theta. I either get assigned, or have my shares called away, or they expire worthless.

    I write CSPs and CC. So no, it’s not ‘pure gambling’ but I don’t find many Australians know much about options. I usually focus on the US markets.

    Nothing funnier than seeing some clown here just blow their stack buying at a price when they could have written a CSP for that strike and been assigned on it if it expires ITM and get extra money.




 
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