I’m happy to hear you enjoyed the article. I’ve been selling covered calls and cash secured puts for almost two months but I’m taking a bit of a break for this very reason. You can miss out on a lot of upside but you do get the premium.

For example, I sold a covered call on Fastly with a $90 strike price for Oct. 16th a few weeks ago back when Fastly was in the $80 range. I ended up closing the covered call position for a $400 loss when Fastly went a little above $90.

Now Fastly is trading at $126/share and I would have missed out on all of those gains if I didn’t close my position. The same logic applies for cash secured puts.

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Entrepreneur, Author, Blogger, Digital Marketing Expert, Speaker, Breakthrough Success Podcast Host, Runner, Dog Lover, Red Sox fan marcguberti.com

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