- Entry
- $5.56
- Final
- $5.62 +0.9%
- Target
- —
- Score
- +1.00
I bought 400 shares of ACHR at $7 right before it dipped to low $6 territory. roughly at -$380. My intent is to hold this, or at least breakeven. That being said, I started looking for ways to trade options on this position. Something very basic, because most option trades are above my pay grade. This led me to the Covered Call. I did research, and then asked ChatGPT to translate the trade for Robinhood's user interface. I set my …
— ORIGINAL POST ·
Options trade beginner question - Covered Calls
· r/smallstreetbets
· Aug 25, 2026