QUOTE(TOS @ Dec 31 2021, 06:25 PM)
Covered call limits your upside potential, but volatile growth stocks can jump a lot.
But yes you are right, just that I don't have that much money as a fund manager anyway.
if you don't have 100 stocks to sell... OK lah can't do muchBut yes you are right, just that I don't have that much money as a fund manager anyway.
I'm 100% sure you are the super safe diversify low volatile long term hold type investor... so no need to talk about volatile growth stocks lah... hahaha
anyways your thinking is wrong wrt limiting upside potential... whilst it is true per se, an astute investor also knows when to take some profit off the table, and happy to do so, and selling calls/puts actually helps supplements long term investment...
when I wanna sell I actually have a few target prices and sell in tranches... it's the same with buying... whilst you can't really catch the perfect top or bottom, scaling in and out gives me higher chances to do it...
anyways I'm sure you will change your mind when you are more experienced and have a big account...
Dec 31 2021, 07:09 PM

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