MJ
So then stocks I want to keep I should still go ahead and go after good premium when selling cc's and then just roll them as they become ITM? Currently I have been selling cc's way otm for not a lot of premium, but if I am going to roll them and there isn't much downside, I should go after max premium so that if the stock does fall, I get all that premium. Sound right?Bob Knights Liver said:
To me that's the biggest downside. You set up the CC to be okay with that return + premium if you get called out. If you roll it out several months from now and the stock drops you're going to be left with just the premium and not able to cash in on the stock at it's peak. For highly volatile stocks I usually choose to let it go, for stocks that you want to keep over several months as swings I'll typically roll a percentage of them, and for long term accumulation stocks I'll try to roll all/most of them or buy them back outright.
backintexas2013 said:
Lookout below. Ugh.
panduh bear said:
MJ
Its been really good but a lot to absorb on top of everything else. Some great points to remember like the one you mentioned regarding supply levels.AgEE10 said:
Yea, I've appreciated his insight and learning especially how price moves when encountering supply levels. Has definitely helped me be less emotional when a stock moves the opposite of the way I want.
FJ43 said:
Anyone else riding the $UBER Jan 29 59c?
Just jumped in @ $0.70, lets rollzwhag2010 said:FJ43 said:
Anyone else riding the $UBER Jan 29 59c?
I am. Cost basis .74
gougler08 said:
TSLA selling off
zwhag2010 said:FJ43 said:
Anyone else riding the $UBER Jan 29 59c?
I am. Cost basis .74
Its not breaking the 8 day and not coming close to the 21 so far. I have been buying more on the two times it tests it.Aggies1322 said:zwhag2010 said:FJ43 said:
Anyone else riding the $UBER Jan 29 59c?
I am. Cost basis .74
Me too.. .85 cost for me.
Feb 19 $100 callsTMOOSE said:
Sorry to bother - I cant find what OA's NET play is!
I cant find it anywhere. Can someone please share ?
I'm in .74 cost basis for meFJ43 said:
Anyone else riding the $UBER Jan 29 59c?
WoMD said:gougler08 said:
TSLA selling off
Strange how it's only tsla with the sell off. And nothing else...
The nerve of such a weak trade....$30,000 Millionaire said:
OA - your uber trade has not returned 100% in 5 minutes. I'm disappointed.
Woah! over 3k buys on these in that minute. I said HIGHER RISK. was it the spelling?>?oldarmy1 said:
Friday lotto SPY time? $379 $0.50
Higher risj than last tiem so new low = no go
Same after extra buys.Coachbro20 said:I'm in .74 cost basis for meFJ43 said:
Anyone else riding the $UBER Jan 29 59c?