hopefully BFT makes its move soon. yesterday was so promising.
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Last: 3 hrs ago by El Chupacabra
Sold my first CC. WWR Feb 19 $15.
This is a long play, but you could buy WWR right now for $9.45 and sell the Aug $15c for $3.45.
$18.45 exit or shares at a net $6 in August. Am I crazy?
$18.45 exit or shares at a net $6 in August. Am I crazy?
TSNP
Not crazy, but you just have to lock up $1500 per contract until August.
Covered Calls are considered an option, correct? So looks on TDA I have to go thru their training first?
Hopefully BFT stands for "bout f*ckin time"... either today or next week.$30,000 Millionaire said:
hopefully BFT makes its move soon. yesterday was so promising.
jj9000 said:What are you doing, man!!CrazyRichAggie said:
That's a RED AAPL.
I did a quick calculation on my WWR basis. I'm down to like $2.
They are but its Level 1 with TDA and easy to get their approval.agdaddy04 said:
Covered Calls are considered an option, correct? So looks on TDA I have to go thru their training first?
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
backintexas2013 said:
TSNP
Can't believe that today this passed up mgni to be my second biggest winner behind Apple. The run up has been insane. I kind of feel stupid shaving huge chunks in the 0.2s and 0.3s, but net free at this point on this sucker is incredible.
Love this SDC drop again. Made some easy money on each drop and rise with calls. Time for another trip.
Took profits on WWR at $7.50 a few days ago and have been waiting on a re-entry. Any ideas how to get back in around $6. Was thinking of selling some puts to lower cost basis.
I love herCrazyRichAggie said:jj9000 said:What are you doing, man!!CrazyRichAggie said:
That's a RED AAPL.
Major correction level if a major correction occurred yesterday. I think that ship has sailed.JimSA said:
Took profits on WWR at $7.50 a few days ago and have been waiting on a re-entry. Any ideas how to get back in around $6. Was thinking of selling some puts to lower cost basis.
REI lifting off again
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
MVIS
What do I do if I sold may $10 covered calls on mvis when I bought the shares at 5.7.
i jumped in today, wish i could have jumped in when it was posted. this will be a great day trade though i think
So better strategy is to buy at $9.40 and sell covered calls to lower basis?
TSNP up 24% since I bought 2 hours ago.
Pretty impressive on that EGOC. Usually if pump and dump you won't recapture the move upward. I have tried to validate but have butkis. Still speculation but you're all net free so no big deal.
Same. Fist bump.Big Al 1992 said:
TSNP up 24% since I bought 2 hours ago.
If you got out at $7.50 and want back in then yes......don't make a mistake worse by going potentially backwards. Buy it here and sell the $12.50 covered calls out far enough to get you under $6 where you would be happy to end up.JimSA said:
So better strategy is to buy at $9.40 and sell covered calls to lower basis?
KIQ still a buy at .88 ish?
Was able to do this just now for even trade. Good roll!0708aggie said:
What about buying back the $10s at 1.70 and selling the $3/19 $15 for 1.65
MVIS going vertical......entering $15 covered calls out a ways for same net result. WEEEEEEEEEEEEEEoldarmy1 said:If you got out at $7.50 and want back in then yes......don't make a mistake worse by going potentially backwards. Buy it here and sell the $12.50 covered calls out far enough to get you under $6 where you would be happy to end up.JimSA said:
So better strategy is to buy at $9.40 and sell covered calls to lower basis?
MVIS have mind an outstanding day. Those $11 cc for February I thought was free money weren't so much.
Of course that's what I would be doingjwhitlock3 said:Was able to do this just now for even trade. Good roll!0708aggie said:
What about buying back the $10s at 1.70 and selling the $3/19 $15 for 1.65
I think so.Jet Black said:
KIQ still a buy at .88 ish?
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
This has been great learning on this thread. Really need your options class next week but tailing for some great plays so far.oldarmy1 said:MVIS going vertical......entering $15 covered calls out a ways for same net result. WEEEEEEEEEEEEEEoldarmy1 said:If you got out at $7.50 and want back in then yes......don't make a mistake worse by going potentially backwards. Buy it here and sell the $12.50 covered calls out far enough to get you under $6 where you would be happy to end up.JimSA said:
So better strategy is to buy at $9.40 and sell covered calls to lower basis?
Really appreciate all you do and are sharing.
#PayItForward Ags.
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Just figured out my avg on WWR... 3.06
Just went 2/3 on CCs with those August.
Just went 2/3 on CCs with those August.
I was able to roll all my MVIS March $10 CCs out to August $18s for a profit.AG 2000' said:This has been great learning on this thread. Really need your options class next week but tailing for some great plays so far.oldarmy1 said:MVIS going vertical......entering $15 covered calls out a ways for same net result. WEEEEEEEEEEEEEEoldarmy1 said:If you got out at $7.50 and want back in then yes......don't make a mistake worse by going potentially backwards. Buy it here and sell the $12.50 covered calls out far enough to get you under $6 where you would be happy to end up.JimSA said:
So better strategy is to buy at $9.40 and sell covered calls to lower basis?
Really appreciate all you do and are sharing.
#PayItForward Ags.
Had 30% CCs on Feb and March $12.5s on WWR and rolled those out to May $15s for a small profit as well. Winning!