@RoboBolz@BoBbyPleWniaK I thought about that. canadas tax agency may deem my trading as a business income rather than a capital gain. Also, if tsla drops really low, this strategy wonโt work. Finally, if the stock miraculously moves to $500 in a short span of time, I may trigger a huge capital gain.
@BoBbyPleWniaK According to Ai, people like us and market makers that make money from selling premiums likely have contributed to the stock moving sideways for years. There are incentives to suppress the stock to extra maximum premium profit and sucking liquidity dry from the shares.
@BoBbyPleWniaK We can short a $800 strike call expiring June 2028. If in December 2027, the stock is hovering at $500, we can roll our strike down to $700 at the same expiry to collect a premium. If the stock is at $850, we can roll it to a $900 strike expiring in 2029 for a premium.
@BoBbyPleWniaK Customers are at the mercy of air b&b hosts. We have to pay a cleaning fee and we have to do all the cleaning, which would be scrutinized and rated by the hosts!!!
@TeslaFanatico@patrickonx I sold a few times near the peak in my Canadian tax free accounts. I was able to buy back even more shares and have cash left over.