I’m thinking we end the day around 3950 for some more fuel. J Peezy gonna say all the right things and give bulls the confidence to take this thing to 4K by thursday. MMs will then 🍆 the majority by ending the week above 3950 and below 4K. Or none of this happens and I don’t care because im up 10K in two days and am sitting around 50% cash.
They’ll need to prove the short report was wrong. Even then, the damage is likely already done. I bought at 18.50 and am selling covered calls to slowly recoup losses. Hoping To break even by years end with the earned premium and if im lucky this will settle around 15 within a month or two. Good luck!
Congrats to you and your husband! I’ve been in long enough to know you aren’t a bot. My position was 1180 shares and 25 June 25 calls. I sold all my options and 5 covered calls with a strike of 35 when it was trading at 34. I’m holding the remaining shares for a potential gamma squeeze. Seeing the “ape” clan come through makes me a little hesitant and happy with my gains despite leaving some money on the table. 🍻
As much as my shares would appreciate you buying right now, this is almost guaranteed to pull back from here or at least end the day sub 40. Only for more fuel though, then the ride continues.
that’s why I’m doing my both! Selling calls on my shares and still holding 15 calls that the house has been kind enough to pay for. that’s why I’m doing my both! Selling calls on my shares and still holding 15 calls that the house has been kind enough to pay for.
Started the day with 25 June 25 call options and already sold 10 to cover my cost. I will sell the other 15 if we see 35 today or anytime this week. I dont plan to hold them past Friday. I have 1000 shares that I plan to hold long term. I will sell covered calls on those shares if we can get to the 32-33 range. Only way I’m selling is if my shares get called away and in that case I’d start buying back if we dip below 30
Selling april 35 calls on my 1000 shares is almost like a double dividend! Cost basis is 20 so i dont even care if they are sold, I’ll rebuy on the dip below 30 if thats the case. 🚀🚀🚀