chickensevil
Active Member
Did you just buy a lot of few month out calls, wait for a pop, then sell them to buy the stock, or did you do this some other way?
It is just a reference to the fact that when you buy a call you are essentially purchasing a contract of 100 shares to be bought at some price down the road. Honestly I flip in and out of contracts and roll them forward that I never "officially" own those shares... I essentially have enough shares to say I am a shareholder, while my objectives is realistically to play the swings more than anything. As I make money on the options side, I have been slowly siphoning some of that profit into shares to slowly regrow that side back up and lower some of the risk of being near fully invested in options.
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What I like about this is how much more even Q2 is in distribution over Q1 this really shows how they have tried to even out their deliveries a bit more. If I squint it looks like around 1275 for numbers in Q1 and then Q2 is looking like around 1840. Which is a pretty nice uptick while balancing the deliveries.