×

Shihab Personal Finance's video: What is infinity times 800 The risks of selling naked calls

@What is infinity times 800? / The risks of selling naked calls.
☑️Questrade: Get $50 in free trades with Questrade http://www.questrade.com/?refid=hxv3wpa7 ☑️MarketChameleon: Scan for High IV stocks and trade ideas https://bit.ly/3nRd4ay ☑️Breezeful: Easy online mortgage application! Get the best rate! https://bit.ly/34LQoky ☑️EQ Bank: High Interest Savings Account with EQ Bank 1.50% https://bit.ly/3hpG0TS ☑️Borrowell: Get Your Free Equifax Credit Score & Report in under 3 minutes, and it won't hurt your score! https://bit.ly/3gO0o0L ☑️Teespring: Cool T-Shirts for options sellers https://teespring.com/stores/shihabs-blog ☑️Coinsquare: Buy Bitcoin in Canada https://bit.ly/2JiWbGP ☑️Wealthsimple: Get a Bonus $25 with Wealthsimple Trade https://bit.ly/38EvMvI ☑️Income Taxes: FILE YOUR TAXES FROM THE COMFORT OF YOUR OWN HOME http://shihabsblog.com/contact-me/ ☑️Rakuten: Cash Back every time you shop online https://bit.ly/3hkNQze ☑️Amex: Get the coolest Amex card with no annual fee https://goo.gl/ZzLdrg ☑️Jetradar: Best place to book flights https://goo.gl/tnx3U1 ☑️HotelsCombined: Best place to book hotels https://goo.gl/oJSzAJ ☑️Tangerine: $50 BONUS with NO FEE BANKING KEY: 39138408S1 ☑️AirBNB: Get $45 off your first trip with AirBNB https://bit.ly/37LNRcb ☑️GearBest: Gadgets for cheap! https://bit.ly/2KPUX6p In this video, I talk about the risks of selling naked calls, especially on low priced stocks or small capped stocks because as you have seen with Gamestop, these stocks can FLY or go through a short squeeze. Once you sell a call, you win by either letting the call expire worthless or buying it back for less than what you sold it for, and that will generally happen if the stock stays below your strike, your short strike, your sold strike. Now in the case where the stock flies past your strike, your loss becomes unlimited basically, because there is no limit to the upside on a stock, except common sense, but that's out the door these days, gamestop when from 60 to over 400 in one week, that could have been over 30k losses incurred if you had sold the 60 call. I am never selling naked calls again in a scenario like this. A trader I know lost 160k selling 800 contracts on BlackBerry.

21

55
Shihab Personal Finance
Subscribers
10.8K
Total Post
741
Total Views
95.9K
Avg. Views
1K
View Profile
This video was published on 2021-02-02 04:30:09 GMT by @Shihab's-Blog on Youtube. Shihab Personal Finance has total 10.8K subscribers on Youtube and has a total of 741 video.This video has received 21 Likes which are lower than the average likes that Shihab Personal Finance gets . @Shihab's-Blog receives an average views of 1K per video on Youtube.This video has received 55 comments which are higher than the average comments that Shihab Personal Finance gets . Overall the views for this video was lower than the average for the profile.

Other post by @Shihab's Blog