One might say maxing out on BA Jan2022 $245 calls really helped my account take off.
Just rolled my Mar 10 cc to July 25's for $1.00 credit.spud1910 said:Glad I bought back my $10 cc for next week on the opening dip.TecRecAg said:
EBON 10 day avg volume is 16M+. Currently at half that 30 minutes into session. Wow
Then let it be a sign.$30,000 Millionaire said:
want to see a text book bull flag? This is right now on the 1 minute chart for SYN.
I was just speaking on this as someone who bought into GME at $26 and has been riding this wave of ups and downs.Decay said:Nothing wrong with making money on a volatile stock... but keep a tight eye on it and don't risk a lot!Rice and Fries said:Seriously don't do it. The stock is all over the place.CastleRock said:
Somebody talk me out of buying GME April $50 puts
KT 90 said:Jet Black said:
Covered calls question. If you sell covered calls and the stock takes off do you ever buy the calls back at a loss?
I'd love to hear thoughts on when to/not do this.
Yes.ag94whoop said:
stupid question....
if I have covered calls that are now in the money expiring today....can I buy them back still?
How do I do that?
I am on 3/19 395 calls now. Round tripping intraday. Will buy again to end with them as well. Assuming I dump this load intraday again probably.StrawberryFields said:
Looking at buying SPY 400 calls for next Friday (3/19) if it can hold above 394.10 today. If we hit an ATH today, I'll also buy some 395 Puts.
Anybody else see any different levels to be watching?
KT 90 said:FJ43 said:
Can y'all please keep it down about EBON and just have it drag DPW and NXTD up the hill with it.
Yes please on DPW and NXTD.... I have some EBON, but not nearly enough.
Tomas Hermensa said:KT 90 said:Jet Black said:
Covered calls question. If you sell covered calls and the stock takes off do you ever buy the calls back at a loss?
I'd love to hear thoughts on when to/not do this.
Sometimes I will wait for a retrace or model T to buy back with the intention of selling higher strikes when it resumes running. Other times I'll try to roll it up and out on the up move. If it's part of a net free strategy I'll let it execute sometimes.
Others can chime in here that are better at this, but I would recommend to wait until closer to the expiration date before actually making a decision to roll or buy back CC's, especially in high beta stocks like what a lot of us are heavily invested in currently.Jet Black said:
Covered calls question. If you sell covered calls and the stock takes off do you ever buy the calls back at a loss?
Come on baby...Bring it home!BREwmaster said:
SPY trying to break out of a wedge.
Ags2013 said:
DPW seems resistant at $4
$4 psychological, $4.68 technical.Ags2013 said:
DPW seems resistant at $4