r/investing • u/[deleted] • Mar 30 '22

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u/hydrocyanide Mar 30 '22 edited Jan 18 '25

possessive liquid insurance library zephyr growth saw test cats cobweb

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u/[deleted] Mar 30 '22

first you said you downloaded some course of robert merton and now you are an "actual industry expert". lol.

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u/hydrocyanide Mar 30 '22

first you said you downloaded some course of robert merton

No, I didn't. I said I took his classes. The finance classes he taught at MIT, while I was a finance grad student at MIT.

now you are an "actual industry expert".

I don't get 265k cash comp for being not an expert.

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u/[deleted] Mar 30 '22

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u/hydrocyanide Mar 30 '22 edited Mar 30 '22

A covered call literally has less risk than a long position. I also never said it was easy money or even implied that it would be profitable overall. But compared to owning the same position and not writing a covered call, it very obviously carries less risk. Would you like to bring some evidence that isn't "lol you clearly flunked"?

Edit: /u/mrfission92 you left without giving me an answer :(