Generating Good Weekly Profits by Closing VST Calls 💰
I have been consistently locking in weekly profits by selling and then closing VST (Vistra Corp) call options at a lower price. This strategy allows me to capture premium decay while minimizing risk exposure.
Why This Strategy Works:
1️⃣ Selling Calls at a High Price & Buying Back Cheaper
• I sell covered calls or naked calls at a higher premium when implied volatility (IV) is elevated.
• As time passes and price fluctuations slow down, the call option value declines.
• Closing the position early locks in gains without waiting for expiration.
2️⃣ Capitalizing on Time Decay (Theta) 📉
• Since options lose value over time, selling calls and buying them back later allows me to profit from the natural decay.
• If the stock doesn’t move much, time decay (Theta) works in my favor, making the option cheaper to repurchase.
3️⃣ Avoiding Risk of a Sharp Move 📊
• Holding calls too long can backfire if VST surges past the strike price.
• Closing the position before a potential breakout prevents getting assigned or missing out on upside gains.
Maximizing Weekly Profits: My Strategy
• Look for high IV & sell calls at a premium.
• Monitor price action & close positions early when profitable.
• Adjust strike prices weekly based on VST’s momentum$VST 20250321 150.0 CALL$ no@TigerTradingNotes @MillionaireTiger @CaptainTiger @Daily_Discussion @CaptainTiger @MillionaireTiger
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.01 1Lot(s) | +89.62% Closed |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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