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REDDIT

Options question - I have 100 shares and want to sell an option

M
May 9, 2025 · 21:16

I own 100 shares of TMC. I highly doubt the price will fall to $2.00. The current price is $3.02. is there any way to see a covered option that can only be exercises if the value of the stock falls to below $2.00? I want to make some extra premium (with more risk) on this play but only have experience buying calls (I know very little of puts). Is there any option that lets me just what I am saying where someone can exercise the option only if the price falls below $2.00? Thanks in advance. I am very convicted in this play.