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Sell my long shares and buy leaps instead?
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I have some buy and forget tech stocks like MSFT, APPL, AMZN, etc but none of them are 100 shares, so I can't sell any calls to make money. What stops me from selling them all and buying leaps instead? That way I can profit off of leaps and sell covered calls as well. Is this a good idea? Should I wait for a big red day? Thoughts?
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- 4 years ago
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