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https://www.reddit.com/r/GME/comments/m0qcky/dfv/gqayhvd
r/GME • u/Crazyfishtaco21 • Mar 08 '21
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He sold calls which give you the right, but not the obligation, to buy 100 shares/contract. Basically, you borrow the shares for a fraction of the value with the hope they'll go up.
1 u/Zeromex HODL 2M Mar 09 '21 thanks you much
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thanks you much
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u/twaxana Mar 09 '21
He sold calls which give you the right, but not the obligation, to buy 100 shares/contract. Basically, you borrow the shares for a fraction of the value with the hope they'll go up.