Low Dollar Cheap Ass Trades Journal. Beer Cash 2022.

50 at $.75 out $1.02 average.

 

I love how SPCE was pinned at $9.77-$9.85 and the wonderful folks busted the hell out of it. Originally my target on SPCE was $.80, had orders in to sell over 150 contracts at $.80. The Chop Suey at $9.77-$9.85 spooked me after blundering a nice gain on MRNA Puts. That reduced my price to $.70, than $.65. SPCE looks like it wants to break away from $10.50 now.

 

Played another 50, bought $1.05 average, out some $1.27-$1.35. Done, not going to throw away the gains. Hell, it might go to $12? Beer time!

 

200 contracts, ave $.16



Sold 160 @ $.265 aver

 

Sitting around adding to HUN, SBEV(Bought during the wicked sell off because of a Shelf), UNVR, MAT. CLS been holding it since $9, adding more. Sold the rest of my SPCE a while back at $.30.

 

Jumped in UPST, lost -$75 playing Top Tick, I had no conviction whatsoever, taking my $2500 and bailing.

 

I bought some SBLK Calls, around $1.00 out $1.5-$1.65. Holding some SBLK common at $28, no plans on selling them.


$1200 gain.

 

I see this one has a very large dividend.

 

The Dividend is huge, Van on Stoney's GBA wrote about it.

 

Selling ISPO bought 300@ $58 out selling at $75-$80, will stop out.