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Yes, under 19 & my 99 covered calls expired worthless...had some @19..most were strike @ 20 & 20.5.... +$2500 4days ...
..
Been on a Winning streak selling the weekly covered calls since 1st week in June...Jun,Jul,Aug..Have averaged aprox .35 cents Collected premiums on currently 98 contracts....and buys average 150 more avxl each week.
Last min. Close under $19.50 strike and 33calls (@ that strike) expire worthless...averaged .38 cents.
Would pick higher strikes to sell at but soon gets in nickle range....
I just need AVXL to pay me a weekly dividend and the need to place a bet itch gets cured too.
Have heard to make 1MM in horse racing .. Start with 10MM.
I'm definitely playing catch up as
2/19 calls got me sold @7.50 & 12.50
Shoot me, ha ! ( imightfeelbetter)
Sticking with it & Hoping for $1$2 dip to get 10k more...The weekly options
make for more fun & faster payouts for me....enabling more AVXL buys.
Good Luck !
Also, They have opened more windows at track to handle the bets ...
The Weekly options 2/26 covered calls paid big this morning as we approached & @$13pps sold 45 calls
Premiums collected @13's-.76, 13.50's-.67, 14's-.47, and14.50's-.33
Assortment premium bag +$2,400
Today Added 1000 avxl @$13.49 and sold 10calls Feb 12.50 @$2.48.. If we end above $12.50 2/19 will lose
.99cents On SP and still be up +$1.49 with the premium. Note: Again today we break the >Electromagnetism< barrier
didn't think this would happen...
wish I would've bought more @$11.66
couple days ago...
Just added 300@ $21.73 and sold 3 covered calls Feb 19 strike 20 @$7.81
Downside safe to $14 & +$6.08 on difference gain...$1,800. Got to work it
a little...seems safe bet.
My 13,400 shares are all tied to Feb 7.5 covered calls ...Went out on limb yesterday 3pm. And added another 500 @ $10.40 and sold Feb 12.50 calls for .95cents (say$500) I think ok probably drop back to high 8's ..hour later the .. >ELECTROMAGNETISM <...
Barrier was broken...I'm happy & fortunately bought back about 7000 share
In 6-6.50 range in last 2 weeks ( had held 21k at yrs end )
I'm euphoric about results for others and especially happy for family members I talked into buying stock
5yrs ago...my sister bought 2900 shares, never looked at it and never took my advice to sell and get out for loss...(owns beauty shop in CA and c19 restrictions been heck) So good timing for her.
I'm going to stick with IT...
Have thought about a long distance
Call sell...the March/April 10's currently look interesting....Looks like you have 28% return. For me it's conservative way to get return. Will miss the big one hope this stops right
Here 7-7.5 range...I'm out at $7.50 Good Luck
Added 500 @$7.52 and then sold 5 covered calls Feb 7.5 @ $1.15...
A Nice premium
Sold some calls last 30 min.
Feb 7.5 calls just paid nicely...
Sold 7 @.40 "bid was a nickle"
good so kept going ...35 @ .37 and 2 more @.30...gold mining
Typo..$6.25-6.30 back in.
Got sold Friday $5 calls.
Bought back 1/4 >5k of position $4.25-4.30...sold Jan 7.5 calls @ .25-
.30 cents....put rest of beans in crsp
700@151.67 currently $170....
Wonderful day...
Definitely have the express lane over selling calls and waiting and hoping PR arrives after expiration...But, I get paid up front and Jun,J,A,S,O,N all under $5 (Nov following tues rebought under $5) and if "no news" wishing a Friday under $5....to me too
Score: aprox +$3 collected from Jun thru Dec $5 strikes>Landing on .00
The monthly anticipation of news helped boost premiums a bit ...
Added 400 Friday @ 4.96 sold $5 calls @.40
For 8% return...good luck...I like hearing about prize winnings
Keep trolley bell ringing !
I was Hoping the dry powder Brigades would rescue honda rune from putting a crater in showroom floor....
And what timing....Time to sell it already......(Hold Loooong !) Gotta try breaking news start/finish lines ...very efficient...Can't complain 211dec calls
sold @.60cents...maybe under $5 on 12/18 and no lower than $4.25 works for me.
Bright side for me ...last week bought about 65 $7.5 & $10 calls back @ avg .03cents and sold $5 calls for avg @.35cents...Get sold @5 Friday 6,500
& didn't think we go under $5 (small suprise..nice..wedo) So today rebuy 7,000 @$4.91-4.92... then sold 50 Dec $5 calls @.64-.62cents.
Got .18cents for Dec7.5's 44 yesterday
Share count slowly goes up...I'll take some payoff up front...
Yup, No folding money for me...
Don't trust it !
Cleaning up the mill cuttings & shavings ...bought back longshot Nov 10 calls 54@.04 when I saw bid for 7.5,'s
was 30 @.20 ...resold Nov 7.5's avg.15
cents squeezes $500 on + side...
Currently $5.75 ... stick above $6 would have been nice.
Thank you, it was Good one , even better corrected. It will certainly be an unwitting reminder when SP exceeds
"Electromagnetism Day"
I agree. Sustained prevention of decline or definitive slowdown amounting to extra functioning years certainly would be success over SOC
currently available. ( that would be big improvement) .
And a channel 9 Australia follow up story on patients that they have covered would be of interest to me.
Especially Ern Heaven (early stages of decline)
as he seemed to be perfect patient that recognized his own improvement and his nice wife also, (i think said) we have him back. So, 4yrs later how's Ern ?
11/3/15 opened @$13.66
High $14.8399 Low $12.15
Close $14.33 11/4/15 Close $13.30
And 11/10/15 Close $5.44.
So, yes I saw high of day right after opening. Believe it was in low 14's
rest of day. With news on horizon.
What could go wrong. Well it's the same A273 it was then as now...
The question was asked on board couple yrs ago.
...How long did it stay up, before it dropped? I recall response posted..."Faster than you can say "Electromagnetism " damn funny.
Good Luck !
I think 5yrs ago today the memorable $14.84 high of day occured. (& SP fell before you could say "electromagnetism" as someone described it ).
If it sticks above $6 ..I will be thrilled.
As we await Rett readout.
5yrs...I know Anecdotal evidence counts for nothing, But, patients, caretakers, family members, doctors, neighbors
either haven't seen the big improvements, can't remember how bad daily living activities were or it's being kept secret. Or "success" prevention difference shows in 10years .
4yrs. I wonder if Ern Heaven is still the happy grandpa and still pranking the wife about forgetting to take out the rubbish bins down in Australia.
You bet !
Coined phrase "trolley ride" going viral.
Good Luck !
Gald I got on board this morning 1st thing...ask on nov5 now $1...the .10 cent premium @$10 is like flypaper ...
Seeing as phase 3 ok is a ways off...
I gotta collect a monthly dividend or it's just a number to look at. I like the calls to do that with....
Bought back 54 calls Nov 5's .74cents
Sold Mon..85cents and Due to less than big windup of SP .. Resold 54call Nov 10's @.10cents. So trolly ride to $10 will be fine with me.
Negligence and greed get me 90 day sit down...(funds available on settlement day) and easy to avoid.
But use phone app as buy/sell tool and warning messages are only seen on web site (I don't like Fidelity main web setup) . But, Yes normally maintain buy back cash to get out and go higher and sell a higher strike and
Weekly expirations buy back for pennies and resell lower strike.
It's not the avxl options-Sold and done. (Would go into case of 3coveredcallsTesla staying ahead of surge 350>425 and wanting to maintain share count I managed to get 3rd strike in 6months)
Looking for avxl under $6 on 11/20
Anything under $5.50 will be ahead on.
(I need the 3 screen setup you use.)
I just added 900 avxl @$5.23 and sold Nov 20 $5 covered calls @.88cents =$785 ...With the rest of option $ that came in yesterday. Hell, they got me on another 90 day restriction due to free rides....So, gotta wait for everything to settle. A little bit of inconvenience. So, $785 tomorrow buys some more...(prepaid dividend
I think of it as)
I Like your rationale. Also Under 5 Friday Calls were good for me.
Unexpected +$5 at open I wasted no time as it starting dropping to $5.15.
Total sold 201 Nov5 covered calls (17 were 7.5's) average .82 cents. Premiums buy 710avxl, 1000nwbo, and tomorrow rest of cash will go towards one of your others (atnm).
Coincidence, our a/c service tech
Texts me Friday afternoon with stock tip ...he's in @8 now $12 holding 1,300
shares. I tell him to get approved and sell Nov 15 calls @$2.35....Think I got enough left to pick up 500 (atnm).
As I hold majority of everything in Roth and Traditional IRAs (no income tax liability on options, dividends, contributions everything in Vegas stays in Vegas ) this works for me.
My Roth is going on 3rd year aging.
Board member mentioned that if your
avxl SP goes up (worth a million, pick a number )
after 5yrs in roth...sell and cash is tax exempt....seems like a good way to
retain what direction fire hose of cash
Gets pointed at vs. IRS.
If we get to Nov 20 under $6 I will be happy and if under $5... That's a 2 beer celebration .
I would take a screen photo of order and post but don't know how...
So, hold avxl in 3 accounts, here is order detail from ROTH account.
Fidelity Investments.
You Sold Opening Transaction
Call (AVXL) Anavex Life Sciences
Date- 9/21/20
Symbol- AVXL201016C5
Contracts- 56
Price- $0.55
Commission- $36.40
Fees- $2.07
Amount- $3,041.53
Settlement Date 9/22/2020
Same thing happened in 2 other accounts (little less on premiums).
I then bought more AVXL with premiums and proceeded to sell $5calls on those groups of 100.
Total 185 covered calls.
Thats my story, I'm sticking to it.
So, Jun,Jul,Aug,Sept,Oct...been doing same thing all winners...and Share count has grown quit a bit.
Actually thought with this PR I would be lost in the dust and miss the big
Increase in SP, But, with 5yrs. in
I thought what if they just say it's as safe as distilled water and quite refreshing when chilled and stock sinks and again got nothing to show for it...Don't want to repeat myJan 2018 sell off...I will try to take gains as they come now. And thanks for good advice you sent back then. I'm like everyone...Can't take it but wish I had.
Sold 185 Oct 5's covered calls. Collected aprox $9,000 in premiums...
..Looks like they will expire worthless as of right now..
Get to do it again in Nov.
Selling $5calls JunJulAugSeptOct
...Has been big win for me. Oct 5's
Averaged .48 cents sold 185 contracts...
Have bought more avxl with premiums
last 5 months. No news next 2 weeks
Would be OK for me , then hold for rett news...But 9/10 last PR is a bit of a stretch to get to 10/16 no news...
Lucky play for me few weeks back
...Sold avxl bought sava their news day after it dropped to $6 (2k) sold 20 7.5 calls@.42cents and get sold on expiration @$7.5...4days holding...Rebought avxl following Mon. Because 273 is upstream at the brain feeding trough..
and I'm sticking with it ...I do wonder if Ernn is still the Jolly Grampa and is still pranking the wife about forgetting to take out the rubbish bins (channel 9news Australia) I love that story. Why can't we get an update on that guy ?
My profit center Sold $5 calls JuneJulyAugustSeptember and today
Oct $5 strike 131@.55 cents...Can't wait for it to rocket to $5 and get the
.75 cents tacked on also...
Sold calls 48 Sept18 $5 today @.55 cents
Can't predict PR but based on last 5yrs..
Think the PDD results might be a lukewarm soup that will need to be probed extensively for hot spots...
That would make this a safe bet.
Wish it would hit $50 So we can have the BBQ (2/3rds more not tied as of yet) win/win so far.
Worked out well for me yesterday...
Sold Aug21 $5 covered calls
43 @.34 =$1,432 that cleared those out and 2nd trade 27 @.24 =$629
I wish TV9 would do follow up story on Ernn the now jolly Grandpa dosing
273 and pranking the wife about forgetting to take rubbish bins out on Thursday nights...i wonder how he is doing these days.
Highlights of year for me :
Sold July $5 calls @.95 cents
Sold August $5 calls @ .49 cents
Discarding the painter, piano player & golfer....
I wonder if Ernn is still the happy grandpa and still pranking his wife about taking the rubbish bins out on Thursday nights. Confessions by Malaria drug users abound ...maybe the anavex dosers don't remember how they use to be ...now that they are all better...
Holding 12k
$2.50 might be bottom of sand box here...
My results on Wednesday...sold 90% at mkt
After opening slide $2.51 was low for me on sell at mkt orders ....16k,10k,8k,4k,4k and more...My high was $2.63. But did not crash through...So someone was picking them up...Still hold 5800...
Thanks for link...After watching on earnings day sold 90% of position elsewhere and bought 500 NVDA@$231...Sold 5 2/9 covered calls @$7.01 strike 237.5 ....
Expired worthless and I'm +$3500...
A wonderful start ...
Make 14%, Sell July $5 calls @.40 Today.
I add 341 @2.99 today and no problem to get 1k at $3 or less....So let's call it a buy of 1000. (At close 319 are still @.40 on bid side ...have seen this for wk or so) .
Based on 1k buy @$3 ...Sell 10 covered calls gets you $390 net..buy 128 AVXL..
Sell 1 more call, net $35 buy 10 AVXL ..
Total now 1138 shares, cost $3k...
Come July 20 pps is +$5 you get sold &
$5 × 1138AVXL =$5690 ...$2690 gain.
So I do that today...a little different..
Sell 11 covered calls @.40 =$440 -$12.58
Fees > net $427.42, Buys 140 AVXL .
Which is a %14 gain. Average pps $2.63.
1140 shares ..cost 3k. @$5 $2700 gain.
Also got my sick wish...a low pps to reconvert Roth IRA....so $2.94 it is.
Make it 11 consecutive months, calls expire under strike... Jan strike $5 sold 301 covered calls...premiums paid for 456 more avxl...my monthly dividend ...also added some during stock sale day and was able to sell 18 calls Feb 5's @.10 and proceeds buys 57 more..Will wait and see if Feb +pps predictions materialize...
Correct...Can't recharacterize in 2018.
So what goes in now will be locked in for tax yr 2018...If @$3 pps Jan19' shoot me...
me, eligible to reconvert Roth in 10 days...
Misery of getting under $3 To do it ..not that much fun...song goes - What kind of Love is this ?, That goes from bad to worse.
I add 636@ $3.14 ..and tops off buys or bag is filled...Success and tattoo - themiceknew
Will go somewhere I think...