InvestorsHub Logo
icon url

ALP7

01/12/23 7:37 PM

#397771 RE: $Money Bags$ #397765

In April I was looking at SAVA and AVXL. Didn't like what I saw with SAVA so bought AVXL. After buying my core position, I bought a buy/write of equal size. Sold the October $9 strike option and the premium reduced my cost from $8.55 to $6. Then I did another buy/write of the same size for an October $10 strike. Both exercised and I made a nice profit.

Immediately after CTAD I bought Jan $10 options ( not a good idea) but after the stock tanked I doubled my core holding and bought $8 April options. Currently well in the green.

Now do you have any specific claims to make other than useless derogatory comments?