/biz/ - Business & Finance

>>55243979
The banks are already insolvent. That was the reason the other banks crashed. The MSM has been dead silent about it all, so I'm assuming there is some work being done in the shadows to prop up the banks as long as they can. Because they usually say everything is fine if it's really fucking bad.

All the stuff I said before could be mitigated with very active monitoring or automation. Really I've stopped doing the covered call thing because it's just a bit more complicated for not much money. If you just buy stocks or funds you like because you're bullish it's easier. Selling a call means your bullish but not that bullish. Your trying to pick a price and a time. If you're going to do that a spread would probably be better. Lower risk .same basic dynamics. I bet none of us are using fancy algorithms to minimize risk and maximize gains. I just kinda do some knapkin math and hope for the best.