I attempted to teach options. Most people don’t teach this because it’s not easy to teach. Hopefully it helped. Lemme know if you have questions.
To illustrate what I did. Here is a screenshot and explanation in the screenshot.
January 2028 is a long ways away. So I’ve essentially capped my max I can earn. However, if Qbts falls to 12.75 at any point (I think that can happen), then I can buy back the calls for less than I got paid and keep my shares.
It’s a calculated game of risk and how it stands now, I’ve made money so I’m cool with it.
