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Re: ByMorStock post# 8052

Tuesday, 06/08/2021 6:12:54 PM

Tuesday, June 08, 2021 6:12:54 PM

Post# of 8923
Dips and rips; what more do you want?

And you can trade options on this one. Sell cash covered puts when it drops and sell covered calls when it pops*.

*That is, if you get assigned, as has happened to me during the last lull. Now it is running; lovely to see. If it keeps momentum, I can sell stop selling 5s and start selling 7.5s. Sweet. And I can ladder those contracts out, one option expiring this month, one expiring next month, one expiring three months from now. It is practically like holding a CD, only the interest is higher and the time frame shorter.

Caveat: I am not a financial advisor; choose to utilize this or similar option strategies at your own risk. (But we are near enough to that 5 dollar strike price to make CAPR one "in play.")

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