NBIS has high implied volatility (89), allowing the creator to sell out-of-the-money calls for a large premium and retain profit potential, but cautions against over-allocation due to risk.
Source Post
Covered Calls Cost Me $200,000 (Here's What I Do Now)
Oct 4, 2026
The creator discusses their past struggles with selling covered calls, leading to significant losses due to misjudging stock movements and option assignments. They share a personal anecdote about SoFi where they lost $15,000 by repurchasing a call option instead of letting shares be called away, despite a substantial profit. The video aims to explain the mental shift and strategies for selling covered calls effectively, differentiating it from selling puts by highlighting the volatility risk premium and assignment dynamics.
Linked Mentions
Tickers discussed in this post
The creator is willing to sell Robinhood (HOOD) at $105 via a covered call, viewing the current $120 price as potentially overvalued and looking for better opportunities if the price dips.
The creator is bullish on Applied Optoelectronics (AAOI), having made a profitable LEAPS trade and is using it as an example for a growth-focused covered call strategy.
The creator uses Apple as an example of a stock where selling covered calls would have limited potential massive gains.
Navios (NVIO) is presented as a stock with potential for both income and growth, with specific strike prices offering attractive premiums and upside.
The creator uses Nvidia as an example to explain the mechanics of selling a covered call, illustrating how selling a call at a strike price like $250 when the stock is at $230 means forfeiting gains if the stock rises above the strike.