cisgenderedAggie said:
McInnis 03 said:
OAs itm covered call strategy on half your position is working well for me on mbio. Selling nearest expiry 2.50s for about $1-$1.55 when able, buying back much lower or rolling if needed
Can you point to a post on this strategy? I don't think I've followed it and wondering if I'm not seeing it clearly due to mybcost basis being too high.
Not able to at the moment, limited phone use right now.
It really consists of selling itm covered on half your position to capture premium that lowers your cost basis of your not called out, gives you nice return if you are called out....and I've added the twist is buying them back or rolling them if the situation makes it feasible. I'm ding this on MBIO and PLTR currently