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Re: None

Tuesday, 10/19/2021 1:47:33 PM

Tuesday, October 19, 2021 1:47:33 PM

Post# of 6557
even with Bitcoin going thru the roof, DPW is just plain stuck in the mud. I give it a buy at these prices, they have too many irons in the fire for it to not be worth it at this price. I've now started writing calls out to June and even jan 2023, just to raise some money. If the stock rallies, these calls wont appreciate very much compared to the stock, so its a good source of cash as needed. Meanwhile the closer month options can be good but I really like to write them on price spikes rather than just for the sake of pulling in a few bucks. It has worked real well for me for months, but I dont want to get stuck underwater with too many of them on a large price spike. A spike to 2.60 - 2.80 is perfect for example to write the 3.0 calls for say December, so just gotta be patient for such a spike, you cant make them happen, you have to wait for them and be ready to write them since the price often pulls back on such spikes.