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Re: $Money Bags$ post# 397765

Thursday, 01/12/2023 7:37:50 PM

Thursday, January 12, 2023 7:37:50 PM

Post# of 517188
In April I was looking at SAVA and AVXL. Didn't like what I saw with SAVA so bought AVXL. After buying my core position, I bought a buy/write of equal size. Sold the October $9 strike option and the premium reduced my cost from $8.55 to $6. Then I did another buy/write of the same size for an October $10 strike. Both exercised and I made a nice profit.

Immediately after CTAD I bought Jan $10 options ( not a good idea) but after the stock tanked I doubled my core holding and bought $8 April options. Currently well in the green.

Now do you have any specific claims to make other than useless derogatory comments?
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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