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Replies to #330 on XPeng Inc (XPEV)
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Skinny Mulligan

06/25/21 7:38 PM

#331 RE: Skinny Mulligan #330

That sell / write actually didn't work (this time). The strike option I was trying to buy was 45, which was around the price of the stock. So the option price was going up exponentially to the stock.

Sold @ 45 and bought the option the next day when the stock price went down .

Same result though. Good methodology in my book to buy options on stuff you need to sell, but don't really want to.
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BottomBounce

08/13/21 6:29 PM

#349 RE: Skinny Mulligan #330