Typically, to pocket the premium. Of course this can have a cost if you bet wrong, as op found out.Broader question.
Why do investors ever write call options?
At all the public companies I worked for, it was against insider trading policy to trade options against company stock.I can see the argument in favour of deferring capital gains taxes, but usually that will be only for your own employer's stock?
Statistics: Posted by madbrain — Wed Feb 28, 2024 6:10 am — Replies 5 — Views 488