[OC] I sell options for a living. Here is a glimpse into what a typical month looks like. My October performance.mountainmanstan92 t1_iy3fhl5 wrote
Not a trader, but isn't the profit plus premiums bought back minus the cost less than your initial 92k, doesn't this mean you lost money??
CinemaMakerSD t1_iy3gb1t wrote
No, he sold 92k worth of options, when you sell options you are credited that amount. So after buybacks and commissions the leftover is his profit, he didn’t spend 92k
mountainmanstan92 t1_iy3gf9o wrote
Ahh thank you for clarifying!
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