Rolling when itm is effectively realizing a loss and saying, "run it back"

---

I’m going to bite my testicles if my 16/1 110 short call for 50 dollar premium goes ITM before expiring worthless

---

Fuck covered calls. Everyone acts like it’s this magical "infinite money glitch," but the second a stock goes parabolic, you’re the one getting fucked. You’re basically capped out watching everyone else make life changing gains while you’re holding a tiny premium check. I’m over it. From now on, the only way I’m touching them is as a glorified exit strategy. If I’m ready to sell the position anyway, I’ll take the fat ATM/ITM premium and let the shares go. Otherwise? Keep that capped-upside bullshit away from me.

---

> Kept selling CC until it went ITM and completed the wheel this works great until it doesn't

---

I hope you aren't serious bro... 90% chance you will lose it all. Micron looks solid as ram prices probably won't be coming down. Precious metals (and industrial metals) don't appear to be slowing down (they will probably crash the moment you buy calls). Gold/silver miners have been weirdly underperforming gold/silver itself, so they may catch up in a sudden rally. Hard to say though. Rocket lab looks good until space x ipo hype dies down. Get longer dated calls or leaps to avoid large volatility decay if the market goes sideways next week. Deep itm to play it as safe as possible, though less crazy win potential. You will almost certainly lose money. Even if you win big on pure chance the next time you can lose it all. It's almost certainly not worth it. Rather do one obvious play per week than a coin flip play per day. If i had to buy calls at gun point i would do micron or silver but they can absolutely go down or even crash randomly.

---

hold the hell up. When did u sell? Where they ITM?

---

Thank you. I only do weeklies. Delta took a backseat tbh. (For 2026, it will be in the driver seat). For this year, I only played with tickers that met the following: 1. If I wasn’t selling options, I’d already be holding shares 2. Premiums are minimum 1% of strike price 3. That 1% can be found at strikes least 10% away from being ITM

---

About 10% of my trades ended in assignment. Kept selling CC until it went ITM and completed the wheel

---

GUH I guess btw how come these were not called in? they're already deep ITM.

---

It’s $1000 lmao. A slight correction on Monday and he loses that $1000 anyway That, and it’s the opposite… the time value is in his favor if he closes now. If he holds until expiration theta works against him, although it’s borderline irrelevant that far ITM. Theta is close to zero

---