Done! The stock I am basing the question on is RLYP.
Very helpful perspective, thank you.
Or perhaps a better question is: What are the ways you can effectively reduce your cost basis on a sub-10k, Tier 2 account besides selling covered?
What are best bullish strategies to trade illiquid options with wide bid/call spreads? I have a 10k, Tier 2 account, so can't sell naked -- but...
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