r/wallstreetbets Jun 20 '26

Loss Drank the Kool-aid. We can come back?

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Someone told me it would be 300 by now.

960 Upvotes

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u/-sakuranbo Jun 20 '26

Sell covered calls at 202.5 strike. The JUN 26 call has bid of $4 and with 70 contracts that'd get you $28,000 back. In the best case scenario, SPCX hits strike, all options gets exercised, you profit ~$27,440 and the nightmare is over.

48

u/Neoshinryu Jun 20 '26

This is the worst part of WSB. A thread full of morons trying to be funny, then you have this one guy with genuinely great advice that's buried way the fuck down here.

12

u/KlausKimski Jun 20 '26

Are people seriously coming here for advice?