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zzaatt

06/07/21 5:20 PM

#8053 RE: ByMorStock #8052

Is this a good stock?

Depends on your definition of "good".

GreedyAgorist

06/08/21 6:12 PM

#8054 RE: ByMorStock #8052

Dips and rips; what more do you want?

And you can trade options on this one. Sell cash covered puts when it drops and sell covered calls when it pops*.

*That is, if you get assigned, as has happened to me during the last lull. Now it is running; lovely to see. If it keeps momentum, I can sell stop selling 5s and start selling 7.5s. Sweet. And I can ladder those contracts out, one option expiring this month, one expiring next month, one expiring three months from now. It is practically like holding a CD, only the interest is higher and the time frame shorter.

Caveat: I am not a financial advisor; choose to utilize this or similar option strategies at your own risk. (But we are near enough to that 5 dollar strike price to make CAPR one "in play.")