couple ways. 1. buy further OTM CALLs. say you have 200 TSLA and sold 2 155c for the ER, now it reach $155 and you think short term wise it won't move up much and you want the money for XONE, You can buy 2 160c or 2 165c and sell off stock. 2. buy small amount ITM call, as the example above, you can buy 1 150c to hedge against the shorted 2 155c. effective a shorted ratio spread betting TSLA won't have another breakout.
【在 L****n 的大作中提到】 : couple ways. : 1. buy further OTM CALLs. say you have 200 TSLA and sold 2 155c for the ER, : now it reach $155 and you think short term wise it won't move up much and : you want the money for XONE, You can buy 2 160c or 2 165c and sell off stock. : 2. buy small amount ITM call, as the example above, you can buy 1 150c to : hedge against the shorted 2 155c. effective a shorted ratio spread betting : TSLA won't have another breakout.