Anavex Life Sciences Corp (AVXL)

[kevindenver]

Even when you know your lessons well, sometimes the market will hand you you own head on a platter.

I had 1/2 of my large ~$3 cost basis position called away at $7.50 just as the first rally to $15, then $25+ happened in 2021. I remained the consummate professional, but that stung. And best of all my folly was all documented here on iHub. LOL!

I used to use covered call writing extensively back in the day for income and to goose up returns at the risk of lost opportunity. But, I was neutral bullish and the strategy made sense until the AD sector became a shiny object for retail covid cash traders doing crazy things to the market.