Dude still thinks he was hired to revive a brick and mortar video game store lol....
This is where you are confused. 5 collected is the important part here. I am generating cash flow NOW which is the whole point. The paper loss is...
You are misinterpreting the intent here. If the price is $6 and I am pretty certain that it will be back up to $12 in a month or so, then I can...
You gain your premium no matter what. But, yes, this is the ideal situation. Essentially, instead of buying now and waiting for it to double to...
? What's expiry have to do with it? I'm fully intending to be assigned. I don't think you're understanding that if you are selling an itm put...
The premium received is the profit lol.
You can do the inverse of this if your position is up, by selling deep itm calls to lock in profits while you wait for dividends or something...
If I sell @ $5 itm I am essentially buying at $6 $11 strike = $5 premium. That's it. The only difference is I am taking my profits now versus...
Just taking profits now that I would get if I bought at $6 and sold at $11 later...just need the money now more than later. :) Yes my avg is...
We are already at $6.....how much more can it drop? :) Anyway, this is about buying time. I have zero doubt bitcoin/MSTU will recover by spring...
yeah after it completed the cycle it was time to forecast the correction which we are currently in before continuing on to new ath's.
Let's just take a moment to recognize that I had this move to 100k already charted in Sept....just roughed in. [IMG]...
Did you now? I posted it on Dec27...
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If I flat out sell my MSTU shares to get some money for a new purchase lets say, I will collect 12k but realize a loss of 10k...and can write it...
Hogwash. You don't know if the loss is going to get worse...(at least you guys) I would rather just average down and wait it out. Why realize a...
I hate to say I told you guys so...but I did. :)
Yeah I edited that... I've been spending more time gaming...my positions are all in at this point so nothing else to do. :) As far as Bitcoin,...
Yeah your MSTR calls are in bad shape...if a double correction even worse. I told you (high yield) dividends are where its at! They pay whether...
Am I missing something???? [ATTACH]
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