Will $LOW mind the gap with the macro positivity this week? Might paper trade this idea but want to try it out.
Why you convert to options only for now. Bull leg post election was expected, it's just not a regular election so you have to be nimble.Barty said:
I know the Trend is our friend but is anyone else nervous that things seem to be going TOO GOOD?
historyrepeats said:
Can someone verify my math please? If I bought 100 ENG shares at 2.04, and sold 1 Dec 2.50 call for .7, my effective cost basis is 1.34. If I get called out, i would receive $250. Thus my profit would be $250-134 = $116?
Just trying to make sure I fully understand
This is correct. Watch it early for continuation spike to maximize the ROI and check next level options for better upside.historyrepeats said:
Can someone verify my math please? If I bought 100 ENG shares at 2.04, and sold 1 Dec 2.50 call for .7, my effective cost basis is 1.34. If I get called out, i would receive $250. Thus my profit would be $250-134 = $116?
Just trying to make sure I fully understand
oldarmy1 said:This is correct. Watch it early for continuation spike to maximize the ROI and check next level options for better upside.historyrepeats said:
Can someone verify my math please? If I bought 100 ENG shares at 2.04, and sold 1 Dec 2.50 call for .7, my effective cost basis is 1.34. If I get called out, i would receive $250. Thus my profit would be $250-134 = $116?
Just trying to make sure I fully understand
oldarmy1 said:
I'm buying MARA $4 Jan Puts just because these spikes have never held.
You could also sell covered call with a premium on them. The March $9 will probably be above $1.50 at the open I would guess.gigemJTH12 said:
I bought some shares of mara yesterday even though it had already gained a lot. I still made some money on them. should I sell for the small profit I made and buy this put?
or hold my shares and just hedge with the put?
I'd use the sell the $9 covered call and use the premium to buy the $5 Put. Love that at this level. But this thing could launch anywhere or tank. Lot of energygigemJTH12 said:
I bought some shares of mara yesterday even though it had already gained a lot. I still made some money on them. should I sell for the small profit I made and buy this put?
or hold my shares and just hedge with the put?
This is a safe space Mc, you can say Ass here.McInnis 03 said:
Freaking A MSFT and FB, GET YOUR A'S TO THE PARTY.
Mine is running ok....I thinkEsteban du Plantier said:
TOS down for anyone else, or does it just hate me?
gigemJTH12 said:
is the GOCO dream dead?