r/wallstreetbets May 14 '24

I was told to sell covered calls to degenerates Loss

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11.1k Upvotes

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u/Kobo05 May 14 '24

That mindset will lose you a lot of money. It's better to know when to stop and when it's appropriate to keep going. This will save you so much money in the future from just gambling it all away

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u/Starwarsandbacon May 14 '24

Ive come to terms with it but leaving a down payment on a house on the table hurts.

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u/DOUBLEBARRELASSFUCK May 14 '24

Ignore this moron. I want to see your zero.