Actually a swing trader and shareholder
Just because people don’t understand options, trading or the like and just buy on hopes and dreams doesn’t mean everyone is so clueless.
I’m long 23,000 shares, half of which are paid for through Jan 15 1 strike covered calls that expire today. Yes, covered calls are a SHORT position but it sure doesn’t mean I am short. And I will sell more covered calls to pay for the entire position.
I am also long on several short puts, meaning I “sold to open” a grip of puts in the .50-1 strikes from Feb through April. If those puts get “assigned” then I will be buying more shares. “Short” puts are actually a LONG POSITION
I’ve been posting these positions for the past 2 months
Not a basher. Not a “shorter”. Just an educated small time market player who is trying to show others how to accumulate SNDL shares and minimize risk.
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