UMAX looks like a winner all right. Both price and dividends are trending down. HMAX is better but holding a basket of the six banks outperforms. So are you playing any of the ETFs or just playing your Hulk strategy? I have to assume you are still holding BITO.
You better apologize on that wxytrader. I would like to ask when have I ever been outed on lying on this forum? I log all my trades on the journal side of the forum (and try to update my trading records weekly), and Baron can even back this up. Also, word gets out quick: I already sold off the first batch shortly after posting. I've now jacked up the price (still under $13 though).
If the entire world burns and every economy comes crashing down, BTC will still be worth holding compared to anything else on the planet.
Doing a bit of both. Yes, BITO is a long-term hold. Holy RIOT lol...I thought my 11.50 calls were money in the bank...now I might be giving back some premium if the shares get called away.
The last 20 contracts left in my ship... As you can see, AVG Price = 0.26 Last price sold at was my 12.25 (because I was nice to the market)
One of the reasons I don't play options. Every so often you get a surprise. And it seems to me that the downside outwieghs the upside. I won't go so far as to say the strategy doesn't work I'll just say it doesn't work for me.
You bought $8 Calls @ $7 which are now worth $12 so you are making $500 per contract. There is no way you picked these up for .26 unless you bought them 0 dte.
Oh its just a ripple in the ocean, and I have 30 days of time decay to work its magic. I don't usually sell calls below my avg price, but I wanted some extra premium for the holidays. Anyway my MARA PUT more than compensates it.
Nope, they were bought exactly as IBKR states they were. The premium I paid was 0.26 originally. The premium now in the market I made is 12.25. That's a 47x -Bagger.