@Griffith @narada @tyler @Hoss @thegreatape >I don't ever sell calls or puts. Ever.
Did you figure out why? If you sell a call, you get the option premium (what the buyer pays), $110 in the last example. If the price goes up to $50 from $3, you're on the hook for $5000 - $110 (what you got for selling the contract). We all know the odds of that are rare for gas but for stocks, it's not unheard of for them to jump $10 to $50 a share.