Basically I decided to finally learn about investing by having "some skin in the game." I've made some, I've lost some, I've dabbled in options, nothing too crazy. Started of course by buying calls, then dabbled in selling calls and puts, and basically I feel really comfortable selling calls. My strike price is always a decent bit above my average cost, so if it gets assigned, then oh well, I'm forced to take some profit (and paid a little premium for it!) I try to sell calls when the stock is on a rise, and either let them expire or buy them back at 50%+, if I think I can sell another call soon. I feel like I'm missing what the downside of this strategy is? I kind of love it, and wish I had been doing this all along. I don't have the capital to sell puts but if I did, I think selling puts (and possibly having to buy stock at a discount, then selling calls on it) and calls would be pretty much exclusively what I do. I have about 600 shares of 23AndMe $ME, and though the stock hasn't soared, I'm till positive on it (edit: I think this isn't true haha. I'm about 18% down on commons, but I've made some back in selling calls, and got assigned on another couple hundred shares earlier at a profit, and feel pretty good about its future) and have taken quite a bit of premium just for holding the stock! $RKLB (only 104 shares) and Cleveland-Cliffs ($CLF), which I had a large position in, but did get assigned from a call (at a profit, so I'm not complaining?) And some various things, $MSFT, etc. But just thinking about stocks I can accumulate with my meager portfolio/income. Any insight into downsides I'm missing, or tickers to look at, or if you want to educate me a little on what to look at with The Greeks, I would appreciate any of it! Thanks! submitted by /u/salfkvoje [link] [comments] https://www.reddit.com/r/stocks/comments/rn8x3j/first_year_investing_just_a_10k_well_7k15k/
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