Alzamend Neuro Inc (ALZN)

[PennyStockTrader2]

well, who'd have guessed it would pull back into the lower 2s, wow, the puts I wrote are close to what I got for them and I might hold on till Friday, I just dont like the margin requirement, I would rather use the money elsewhere honestly.

But anyway, I will continue to preach, its best to write the options when the price spikes, obviously the price of the option goes up when the stock rallies, BUT the premium will often go beyond what it normally would have gone had the stock simply creeped up, since on such spikes everyone thinks its going to da-moon, so all the more reason to be patient and wait for the opportunities to come to you.

Right now I would be eyeing writing the Dec 5.0 calls - if I could get say 50 - 100 of them at .50 each, I would take it.