WSB just yolos calls on alot of Big Tech and Big Blue Chip Fortune 100 corps.....before and not before earnings. Seems they just continually leg into cheap call options hoping they eventually go green. ...... Correct me if im wrong, but I don't see the problem with this in a bull market. Im a pretty good with market direction. We're in a bull market. Tier A market leader stocks are pretty easy to pick. What's wrong with this approach ?
If I buy calls at 3 cents and sell them for 9 cents, I just tripled my money. What's wrong with this approach ?
Nothing is wrong with that, if it's real. Do you mean this is consistently possible with ER betting? Or just a lucky bet among many losing bets?
Unsure. Im gonna try it tho. Submit limit bids no more then 6 - 7 cents on really good stocks close to earnings. I know market direction well and I know quality stocks well. I think this is worth a shot.
Dude. Big Tech is a lock. Big Tech is the future. And Big Semis. So easy to pick quality stocks. Big TEch is in play. Offers the most alpha. That simple. There's some others that can easily beat tho. Quality stocks. McDonalds. Spotify is worth a shot. Toyota at all time highs. etc etc.