I sold the $30 calls for $3.40 (next weeks). If it goes up, well I made 11%. If it drops again I'm protected down to $26.10. Ideally it will close at $29.99 next week.
I said two things had to happen for his rally to end. Overnight would have to trust it. And Jimmy would have to go bullish....
It's not "unfair". There is zero difference between that post and the one you gave for... say MVST this morning pre-market. You didn't even say "gummy" fwiw. The readers can't read your mind Stoney. You highlight 10 stocks every morning. No where in either of those posts did you say "buy it". Now quit doing the wizard of oz thing.
It's not confusing. Every 100 shares you own, you can sell one contract and collect the premium. I sold the $30 for $3.40. Whoever bought that contract has the right to buy the stock from me at $30 anytime between now and 11/18. They paid $3.40 for that privilege. It was around $32.80 when I sold it. During lunch. So I didn't miss the high by much. Not a lot of premium really, like $0.60, but I think it'll pullback. Maybe not. If not, its basically a $29.50---> $33.40 trade. I almost sold the $30's against the position yesterday (instead), but when I saw they were going for $1 when this thing was $29, I figured it would go up today. That's why I refrained from telling you to close it yesterday.
Jim is a weird bird. He half wayed it he didn't really endorse the rally he said if we get more god news on inflation this can continue.. not a full throttled endorsement. Most of these TV heads are like this they don't shot straight.
Its a good stock though. Notice I didn't yell at you when it went down. (plus it got the rare gba 2 thumbsup, we both liked it lol) It was a good find, I liked the report or I would have dumped it Weds on that drop. Hell at least they make money, and the downside guidance was small, it worked out, using their current margins, to less than a penny a share. These algos... they have a tendency to over-react. That said though, everything went down that day.
Is in Unfair my readers mad a ton of money off me today!! and I myself did pretty prety godmy feond It Van you are not being clear at all tonight. I am a lay person with options. I am telling you I think a fair price would be say $42 <---- So is there a special play for me? Don't take this personally. But I kind of do alot for you... I have really taken you under my wing I give you al my best ideas and when you can't handle the SHEER number of great ideas I give you fewer but stilLL greaT ideas. I DO THIS FREELY AND WITH GOOD CHEER. and you get mad when I brag so I even curtailed that.. but you haven't even noticed! WHAT THE HELL WHY DO I CHANGE! I though those few days off was going to clEar your mind.-- It's called WOWSA GBA NAILED A ONE DAY RETURN THAT IT OUT OF THIS WORLD AND From my point of view a $3 stk is perfect because I can buy alot of it. CELEBRATE! I AM- NICE RED TONIGHT. I deserve it. NO ONE ELSE IS DOING THIS: DAY AFTER DAY/ UP MARKET DOWN MARKET; I'M NOT GOING TO GO BACK AND LIST THEM ALL- IT'S NOT A WAY I WANT TO BE ANYMORE- BUT ONE AFTER THE OTHER!!! YOU TOO... MR HOME DEPOT! NOW JIMMY IS SAYING SELL BAD QUALITY CLOUD STOCKS.>