No. of Recommendations: 9
I did sell a 425 covered call against BRK the other day, but now it's zoomed past that.
Dang, this investing stuff is hard.
Don't sweat it. If someone is in the style of doing multiple trades per year, the result on any one trade is not that important. Is the average good? Did they all make sense given the information at the time they were entered? (the two answers are usually the same)
Besides, if you are both sorta-long and sorta-short the same thing, one side will *always* look like a loser. And that will be true in pretty much every time interval. So look only at the total, or you'll go crazy.
My short calls did terribly today. But I'm up for the day, because I have a bigger long position. You're probably in the same boat.
Jim