Replies to post #111 on NII Holdings, Inc. (NIHD)

[mechee]

Eh there’s an obvious trade off to selling covered calls and that is the limited upside- so a high buyout price is absolutely relevant. If you’re going for the safe route and “a profit is a profit” then yeah selling calls isn’t a bad idea, especially for NIHD where the IV and premium is so high on options

[mechee]

I bought calls with $5 12/21/18 but yeah, very expensive