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JLS

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Posts 7863
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Alias Born 12/14/2004

JLS

Re: Landshark post# 35480

Wednesday, 04/29/2020 11:13:58 AM

Wednesday, April 29, 2020 11:13:58 AM

Post# of 36853
What happened? ...

Market decided AAL correction down is over.

I decided that on 04/21, bought AAL stock then sold that Friday's Calls against all shares on 04/22.

Those Calls expired, so I sold Calls against all shares again on Monday of this week. Those expire this Friday (assuming I don't modify the trade). Wishing I waited till today to sell those Calls, but ... it is what it is.

I do that sort of thing 100% of the time. Reduces investment risk; produces steady stream of income.

Doing that: each week brings in a few percent.

It's a "pay your own dividend" system. You'd be surprised at how quickly it compounds.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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