As we all know, opportunity cost on selling covered calls is losing the potential upside. I am sharing my experience on selling TSLA covered call. On 11/1/24, I started selling the covered call at $270 strike. Then my call kept hitting ITM. After almost 8 months & $1,098 premium collected. it expired worthless on 7/3/25 with $330 strike after 6 rolls. Basically I used these rules on rolling any options (calls or puts): 1). Only roll BOTH LEGS TOGETHER. 2). Only roll with a NET CREDIT or/and INCREASE STRIKE. Why: you will receive additional income/gain if you increase your strike. 3). If you have a call, roll on a RED DAY when the stock price is DOWN to optimize your roll. Paid to close your call option if it a small prize (like $0.2). Bottom line, don’t give back the premium you have made. Note1: If you have a put, roll on a GREEN DAY when the stock price is UP to optimize your roll. Paid to close if is a small prize. Don’t give back the premium you collected. Note2: This is the opposite of selling a call (on BIG GREEN DAY) & selling a put (on BIG RED DAY) I like to keep this 100 share of TSLA, so I do what I can to keep them. Maybe I could be better off to let it assigned & restart again.

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Congratulations to the following 10 people for being the most contributing members of the community: 1) @Lindsay Talbot 2) @Rong Zhou 3) @Monica Bernard 4) @Sandra Van Den Ham 5) @Leon K 6)@Kevin Esmati 7) @Velle SG 8) @Cris Bob 9) @Sukhwinder Dhanoa 10) @Kim Huynh I (Michael) will contact you in the chat to provide you with the gifts. You will receive: - 1 share of (SCHW) = 91.71 USD To show proof of purchase, you must post in the community that you received the share. For next month June, the prizes will be: - 1 share of (WMT) Walmart is a company with strong fundamentals - the long term trend is strong even if it is not at a discount today You can be the next top contributor for the next 30 days (https://www.skool.com/invest-retire-community-1699/-/leaderboards) Investing Accelerator Incentives: Get Richer by Helping Others Succeed 1. 🎁 Join Investing Accelerator for Free: Share the "How to Join Investing Accelerator for Free" guide with a friend. If they join, you both earn the referral fee. Learn More (https://www.skool.com/invest-retire-community-1699/how-to-join-investing-accelerator-for-free) 2. ⏱️ Speed & Success Bonus: Complete the program within 90 days and pay off the remaining balance to get 10% off the balance. 3. 📈 Trading Milestone Rewards: - First 30% Return from a Single Trade: Share your success in the community to receive a free stock. - 30% Portfolio Return in One Year: Achieve a 30% annual return to earn another free stock (once per year).

President Trump announces a 35% tariff on Canada beginning August 1st.

Hi Eric @Eric Seto , Trading view allows only 2 indicators for free, how do I add the RSI or the 3rd indicator without having to upgrade to paid subscription?