I've got money on it at least filling the gap from August in the 4th quarter
careful, it's a Zack/ Atlas pump n dumpBaylorSpineGuy said:
ALZN! 70x normal volume. I'm in.
This. Would not hold overnight.BREwmaster said:careful, it's a Zack/ Atlas pump n dumpBaylorSpineGuy said:
ALZN! 70x normal volume. I'm in.
Why not roll your call up and out a month? Then if it crashes you can buy back cheap and then work on getting out.BaylorSpineGuy said:
I'm in a predicament. I bought LCID during initial run-up when it was still CCIV. My price was $38 and I unfortunately did not bail before the drop. Have been selling calls and price now down to around $36.50 or so per share.
Am currently (unfortunately!) with a covered call I sold a couple weeks back for a $29 expiring 11/26. If I buy this back, it's gonna cost me another $1000 or so. Otherwise, my shares will get called away at 29, and I'll be sitting on a $700-800 loss. Should I buy this call back and keep my shares (eating a small loss for the moment), or eat the all-time $700 loss?
I've been holding for a dip so I can buy the call back for less, but the stock just keeps going up! lol I'm an idiot.
Will be more careful about selling long-dates calls in the future on a volatile stock.
To be clear, I have about 107 shares. It was one of my first investments ever.
What trade platform you using?BaylorSpineGuy said:
So can u plz help walk me through that? How do I roll a call forward? I will be able to pocket premium with that technique? Do I choose the same strike, etc? Roll up with weeklies or monthlies?
I've never done this and would appreciate any guidance. I don't wanna gum this up. I sold the call for like $1.25 when it was $23 like 2-3 weeks ago. It's over $41 now. It literally has a rocket up its butt.
ATP or the web site?BaylorSpineGuy said:
Fidelity
Alright.BaylorSpineGuy said:
I use ATP. Also have phone app.
YEP, you're right. Good catch. Can't walk and chew gum at the same time today.slacker00 said:
I don't use ATP but I assume it should be buy to close and sell to open for his covered calls and not how it is shown.
AG 2000' said:trip98 said:
Have small position on MBIO and just sold CC on it after waiting for months hoping it goes up... Maybe it's bottomed out finally
But with my luck I waited 4 months and watch that end up being 2 weeks short.... And it rockets in the near future
If called out i still profit a nice return but woulda missed a killer return
Redler talked about bio stocks having a run in November leading up to ASH (American Society of Hematology) in December. MBIO announced yesterday they were selected to present at that next month.
It bottomed out at 2.1 last week and has been climbing since.
Last year from November to December it ran from 2.4ish to 4.
What strike you get? Could see this running.
BaylorSpineGuy said:
Good luck to the Aggies tomorrow.
We have TCU in ft Worth. If we win, we will host undefeated OU in Waco next weekend.
Do you all control your own destiny in the SEC West?