Reply to My mom made money pretending to buy stocks

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[quote=Anonymous][quote=Anonymous]
Lordy, OP. You're incredibly tedious and silly. Your short term thinking won't make you millions, I guarantee that.

- Long time Apple and Amazon, etc stock owner, not messing about with small change puts or other garbage. [/quote]

Short term?  Compare my approach on TSLA to people that paid $110 a share (its recent low)  Yea wow they were so lucky and focused on the long term...uh what?  Big deal you got TSLA at 110 surely you sold it when it was $215 two weeks ago right?  When TSLA reaches $135 later this year I will have already collected $120 per share in premiums!  There were premiums two weeks ago of over $11!!  My basis in TSLA would be $15! ($135-$120).  were you able to buy TSLA at $15 recently? I dont recall seeing that price?  My example my mom didnt want to own the stock she may change her tune on that in year 2.  Surely since you already own AAPL your collecting premiums on covered calls right? Covered calls on APPL would net you at least $40 a year but yea thats just garbage[/quote]

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