I'm selling the Nov 5C currently... what's the reasoning behind selling leaps instead of monthly? less hassle I assume? I suppose if they are over $1 by Nov. exp, I can jump into selling the March calls.oldarmy1 said:
$3.62 MBIO
For all of the large accumulation holders what I do is sell March $5 covered calls when they break $1. $3.18 avg holding gives you $6.10 roughly or $2.18 net holding price.
user name checks out, ha!ImhereforOA said:
Despite the overall down day for AMD it is still in an active squeeze on the daily, and bounced off the 8EMA on the 4hr. With semi ER coming up this month it all looks bullish to me. Hodl gang on the AMD calls
BREwmaster said:
might be time to play JD again... (calls for me)
Just simply made lots of people money (if they followed and learned along the way).oldarmy1 said:
I only sold 5% of AMD on opening pop.
Who is "IAmHereForOA"? What did I do
BREwmaster said:
Nice, I'll watch for entry tomorrow. Maybe you can answer this... (my post got lost on previous page)
what is the advantage of selling a leap covered call vs monthly or even weekly? just less hassle and a nice big $ to bank (assuming the stock stays under the strike).
AgShaun00 said:i read snippet on the deal, but gamestop is a dying business. PS5 is offering a disk free version. I don't see how they can maintain their business. Might be worth a putMcInnis 03 said:
GME may be getting a bit of a short squeeze here. I bought at on the halt unfreeze.
BREwmaster said:
Nice, I'll watch for entry tomorrow. Maybe you can answer this... (my post got lost on previous page)
what is the advantage of selling a leap covered call vs monthly or even weekly? just less hassle and a nice big $ to bank (assuming the stock stays under the strike).
gig em 02 said:
That guy is short AMD, nobody posts that much negativity without an agenda
They announced that they purchased cloud and hardware services from Microsoft. Not sure why the market reacted how it did, but I would expect it to revert to trend very soon.... which, fortunately for GME, has been upward.Rice and Fries said:AgShaun00 said:i read snippet on the deal, but gamestop is a dying business. PS5 is offering a disk free version. I don't see how they can maintain their business. Might be worth a putMcInnis 03 said:
GME may be getting a bit of a short squeeze here. I bought at on the halt unfreeze.
They just announced a partnership with Microsoft I thought? There stock got halted multiple times.
Yeah I'm worried the market will punish AMD's stock price for this. Hope I'm wrong though.jwhitlock3 said:
Looks like AMD has about 1.75 billion in cash on hand, and with an acquisition of $30B they're either going to be taking on debt (albeit cheap debt today) or dilute shares with a cash + shares offering. Seems like it would make sense to use their elevated shares price as part of the deal since 2020 has been good to them. I'm still holding 10/16 AMD calls but the market tends to react poorly to acquisitions for the buyer, and favorably for the company being acquired. We'll see if this is any different, but feel like my calls I'm still holding are going to tank tomorrow...we shall see!
jwhitlock3 said:
Looks like AMD has about 1.75 billion in cash on hand, and with an acquisition of $30B they're either going to be taking on debt (albeit cheap debt today) or dilute shares with a cash + shares offering. Seems like it would make sense to use their elevated shares price as part of the deal since 2020 has been good to them. I'm still holding 10/16 AMD calls but the market tends to react poorly to acquisitions for the buyer, and favorably for the company being acquired. We'll see if this is any different, but feel like my calls I'm still holding are going to tank tomorrow...we shall see!
AgShaun00 said:i read snippet on the deal, but gamestop is a dying business. PS5 is offering a disk free version. I don't see how they can maintain their business. Might be worth a putMcInnis 03 said:
GME may be getting a bit of a short squeeze here. I bought at on the halt unfreeze.
McInnis 03 said:
AMD down $4