InvestorsHub Logo

Amatuer17

01/18/21 7:39 PM

#2713 RE: midastouch017 #2712

The 2nd part that is important
RDHL has been stretched rubber band status for now 2 years - they just dilute and are not able to get their act together.

XWAVXALMIMAN

01/19/21 3:08 PM

#2718 RE: midastouch017 #2712

I don’t recommend covered calls. You may miss out on a large gain.
I have done covered calls in the past on stocks like IBM which are stable and pay a dividend but on a volatile stock like this that can double or triple you may miss out. Maybe it’s just because of my experience with Facebook. I bought at 21 and sold 28 calls for a few months keeping the premium when they expired worthless. Then I lost my shares 1 month. I had a nice 33% gain but missed out on a 10 bagger.
Which calls are you selling? I don’t even have options on my account so I won’t be tempted.