Nah, I meant sell (to raise cash without selling shares), maybe he meant “buy”………
Though, at this point, buy could also work to regain Delta.
Thus my emjoi...The last time someone suggested I start selling some calls.....the very next week the stock exploded to 1,000 from 900 lol.
Maybe I'll set up a trade to sell a call and hover my finger over the Enter button to get the stock to reverse
Sold calls on the way up for virtual loss vs holding. Then sold puts on the way down for virtual loss vs staying away.
On the sunny side, the effective price did end up buy low sell high.