ok, maybe it hasn't refreshed on your platform yet i dunno.ag94whoop said:Yeah I can only get $22 for JuneCcutamu said:I'm only seeing June calls out to $22. What platform are you on?sts7049 said:if i were you, i would watch for the apparent end of the next price spike (it seems to be percolating again upward as we speak) and then i would sell some 6/18 35s (they have those strikes now it seems) for as much as you can. the B/A right now is 1.80/2.80. sell em on all your remaining shares.ag94whoop said:
I screwed myself yesterday on CLOV by selling so many covered calls against my share literally right before the runup and totally didnt anticipate the level it ran. I bought back the calls and lost a lot of potential profit but frankly was able to take a profit on over half my shares.
Now with the remaining shares, I am trying to get a feel for the direction of the market as a whole and the direction of CLOV specifically before I decide to sell more CCs or just exit the position and be done with it. This run came several weeks earlier than I ever thought and with my mistakes, I lost out of a really large day of profit. I am happy with some profit of course, but want to be smarter next time around.
if you get called out at 35, i bet you will be happy moving on and use all this as a learning experience. if not, you reduced your cost basis further and you still have shares.
in any case, it's trending up again so i wouldn't take any action yet. as OA said earlier on, i would not sell any calls past june because there is plenty of premium to be had for calls expiring in 2 weeks.