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JLS

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Alias Born 12/14/2004

JLS

Re: RCKS post# 4487

Wednesday, 07/21/2021 10:50:01 PM

Wednesday, July 21, 2021 10:50:01 PM

Post# of 5495
That would be very welcome IMHO.

Otherwise I don't understand what appears to be a complete change in market sentiment (such as it is today) from what I've observed over so many years.

That said, I opened an all-in Buy/Write trade today (that style being all I do) in both acounts (IND and SEP) using a medical drug stock I've traded many times over the years and which has already sold off very significantly over the last month while the market as a whole was going higher.

I like this B/W kind of trade because if I have to get out early because the stock isn't behaving as I like, I have the cushion of having sold the Calls which will have lost some time value (which is still profit to me). Then I either sell a different strike Call, or wait to do that later.

FWIW, I prefer to not hold a stock during earnings release.

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