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Re: skitahoe post# 1091

Monday, 02/12/2024 7:47:43 AM

Monday, February 12, 2024 7:47:43 AM

Post# of 1106

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I currently have 30K in July $32 and $33 options where my average price is below $.10, I intend to buy at least 10K more but the share price has been moving up, and I won't chase it much higher. I've had several days where in a 5K order I get one or a few calls filled at prices like $.05, over time if nothing is filling, I'll raise the bid to $.10 and get it. Days later, $.10 doesn't do it, at least not quickly. If I'm right, and if the offer goes up dramatically higher, I might make more money from the options than the shares I'm holding.

Have a Happy New Year's all,


Always consult an Investment Professional, my posts are my own opinions, and not for investing decisions

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