Tuesday, August 18, 2020 2:50:21 AM
TEVA, a little closer look:
Already have recent shares and sold CCs multiple times, so just sitting on shares as of last Friday -- reconning day. That was a profitable week. Going to see if this one is.
It's sort of like fishing for crappies -- I've got a baited hook on bobber and waiting for a little surface activity off the bottom line then I'll huck all-in: hook, line, and sinker by selling CCs against my shares in two accounts and see what I catch by the end of the week.
Usually I get something for the pan and I can keep on fishing week after week. Adds up pretty quick. Get to use that to buy more shares next time. I've heard that's called compounding.
Already have recent shares and sold CCs multiple times, so just sitting on shares as of last Friday -- reconning day. That was a profitable week. Going to see if this one is.
It's sort of like fishing for crappies -- I've got a baited hook on bobber and waiting for a little surface activity off the bottom line then I'll huck all-in: hook, line, and sinker by selling CCs against my shares in two accounts and see what I catch by the end of the week.
Usually I get something for the pan and I can keep on fishing week after week. Adds up pretty quick. Get to use that to buy more shares next time. I've heard that's called compounding.
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