Selling covered calls on some of the stocks I picked up during the drop last week. If the market meets resistance and/or decline in the next week, I'll just collect the premiums. [Reply]
Originally Posted by lewdog:
This quick run up just feels "funny."
Selling covered calls on some of the stocks I picked up during the drop last week. If the market meets resistance and/or decline in the next week, I'll just collect the premiums.
Originally Posted by lewdog:
This quick run up just feels "funny."
Selling covered calls on some of the stocks I picked up during the drop last week. If the market meets resistance and/or decline in the next week, I'll just collect the premiums.
Smart move- the premiums built into option prices right now due to volatility is ridiculous. It is a SELLERS market like no other.
Yeah, I tried to buy some wheat puts last week and the wheat markets been far quieter than the stock market. Christ, there is no way I was paying that noise. [Reply]
Originally Posted by Buehler445:
Yeah, I tried to buy some wheat puts last week and the wheat markets been far quieter than the stock market. Christ, there is no way I was paying that noise.
Originally Posted by RunKC:
You think it will get to the bottom again? Why is that?
We already know the virus is there for months and we also know earnings won’t be good, so what am I missing?
The only other shoe I see to drop would be if Wall Street hasn’t factored in a second wave making reopening a lot longer. But I don’t know that it would be cataclysmic or anything. [Reply]