R
ReddyLeaf
Guest
Very quiet in here today.…….
Everyone's bored to death with the SP action...
Same same same. I’m happy with my positions 11/18 -230 CSP/CCs, and 11/04 -c225 (dare you to take ‘‘em because I’m 100% stock in that account and need to sell some puts to balance). I might roll out to 11/25 if conditions require.watching (and learning from) the algobots making their somewhat predictable morning moves…..
I did pick up a handful of shares in the $222s just for practice, a little fun, and mini-hedge. Looks like $225 is this week’s target, with low/high pushing 220/230 just to scare out the weak hands. Still have GTC orders in at $5 increments from $189-$216, so this will assure that we don’t break $220 (you’re welcome). When I rashly spend down all my free cash, the SP immediately drops another 5%, so I’m trying to be a bit more discerning.