PatrickSebast t1_j21l1g6 wrote on December 29, 2022 at 12:10 AM

Reply to comment by BuyHighSellL0wer in Is Elon using Twitter to hype Tesla? by illjustcheckthis

Elon is probably one of the most viewed users on Twitter right now so I don't know that he needs an algo boost to make this happen

PatrickSebast t1_iy3doxx wrote on November 28, 2022 at 1:15 PM

Reply to comment by w4ti in [OC] I sell options for a living. Here is a glimpse into what a typical month looks like. My October performance. by ShallowNefariousness

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.