u/Glittering-Cicada574

Wall Street treats options like a casino, but thetagang use them like a wholesale warehouse

Wall Street treats options like a casino, but thetagang use them like a wholesale warehouse

Wall Street treats options like a casino, but patient investors like Doc & Junior use them like a wholesale warehouse. Their target price on $CLOV stock is $7 USD in the following 6 months. Until then, theta keeps dripping into the account like a dividend invented by option traders.

It is a long position built the old-fashioned way using CSP across multiple expiries.

They get paid upfront while volatility does the heavy lifting. If shares remain above the strike price, the premium becomes income. If assigned, acquire CLOV stock at prices already wanted.

u/Glittering-Cicada574 — 5 days ago