News Focus
News Focus
Followers 176
Posts 24088
Boards Moderated 4
Alias Born 02/07/2005

Re: TheHappyVulcan post# 752

Saturday, 04/25/2026 12:42:53 AM

Saturday, April 25, 2026 12:42:53 AM

Post# of 767
I make mistakes, but am doing well.

As I had RKLB and LUNR ITM CC's that were deep red, I welcomed yesterday's drop and was able to close several, and only give back part of the premium.

But, because of the red options, a few days ago, I sold two $89 RKLB CSPs that expired today.. figuring I wouldn't mind gaining 200 shares. Well, I forgot to roll them down and out, so they wll be assigned. I got $750 premium, so will only be out about $1200 on the mistake. (Over and above what buying 200 sh at the ~ horribly crappy 79.60 close would have cost). Then, sometime a week ago, I made another mistake in buying 2 $80 RKLB long calls when I wanted CC. It went up that day, so a/h, I placed a limit sell for 1 of the 2. Stock popped a/h, so I tried to change the order exactly at mkt open. No luck. It sold, $90 profit. Closed the other one for some $1065 profit a few days later. So, two fckups, but overall, I'm close to even on those three trades.

The two $80 CC: (I sold 2 of those later, which, as rklb was running well above 80, I rolled out and up to 105. They expire July 18-so if the stock is not at 105 on expiration, I'll live to see another day, lol--if its at or above 105, I lose the shares and I'm back to my original 1118... no harm, no foul.)

Separately, I sold 5 June $19 LUNR calls and made close to 150% or about $4000. And have 15 $20 and 5 $27 LEAPs for next Jan that were up about 120% before we dropped. If we have a good summer and fall, and IM-3 is a roaring success as you and I fully expect, I could well make gobs o' cash from those LEAPs

Don't worry if you can't understand what I just babbled on and on about...heh🙃

Have a good weekend and don't let yer meat loaf....😁😋
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LUNR News