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PatrickSebast t1_iy3doxx wrote

I don't know how he calculated it but it's a win if the premium + contract price was less than the gains that would have been made from holding the stock.

Like if you sell SPY $400 call contracts for $3.00 a piece and SPY goes up to $401 then you made money. It would have needed to go up to $403+ for holding SPY to be a better option.

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