I sold the $12.50 strike for almost a buck. That's $11.50 if it crashes. I'm good with that but it probably wont crash.If only you could understand the power of 3.70 premium @ the 17.5 strike.. join me
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What was your basis for doing that. I’m still sitting on it and I’m up 46%. Wondering if I should lock that in or just sit on it. My biggest mistakes last year were all selling too early. One would be up 1200% if I held.Sold my NGA at 34.75 in AH, I'll buy more if it dips down to 30-31
What was your basis for doing that. I’m still sitting on it and I’m up 46%. Wondering if I should lock that in or just sit on it. My biggest mistakes last year were all selling too early. One would be up 1200% if I held.
Think I’ll just sit on it and put a 10% trailing loss on it.I saw a lot of chatter about it trading sideways until all the current hype around ACTC GHIV and CCIV started to die down through next week. People were pulling money from other stocks to throw it into those 3.
You know that term you guys use “out of the money” for your more advanced trading? Well that’s kind of the position I’m in but just “out of money”.Something today spooked green energy, my green energy ETFS are down about 4-5% - TAN ICLN CNRG and ACES. Still up 20% since december so might be a good time to jump in
Closed my CCIV puts for a 20% gain and sold my CCIV. Overall market sentiment is deteriorating in my view and it was a lot of profit sitting on the table. If I am wrong then there is always another SPAC to find at $10. That was close to a 70% gain for a weeks time. I will not complain if it moons to $30.
edit: and of course it rolls up 4% after I sell. Gotta laugh.