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Share
1100%
r/wallstreetbetsr/wallstreetbets· u/withthepotboy· 1d agoLoss 0

Current losses on my META position

Investor summaryBullish

Bought 2k more META shares and selling covered calls to lower cost basis to ~$570 despite current losses.

Bull points
  • Author is buying the dip by adding 2,000 more shares.
  • Actively selling covered calls to generate premium and reduce cost basis.
Bear points
  • The position is currently in a loss, indicating recent downward price pressure.
META
Post body

Check my post history for context, ended up buying 2k more shares. I’ve been selling covered calls to reduce my cost basis. Net of premium received my cost basis is currently \~$570/share

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