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skitahoe

01/18/24 8:21 PM

#665335 RE: exwannabe #665331

I trade in a manner that's very similar to what you're describing. If I see a buy isn't taking I determine if I'm willing to pay more, than I'll raise it, or that I don't want it above the price I put in the limit at, then I'll just leave it in place. Option orders sometimes fill at one, or a few per day or week, on an order for 100 of them, sometimes I get them all, sometimes I will raise my price a bit, but I don't mind if I only get a partial fill if what I purchased is now worth substantially more than I paid.

I believe at some point after we're at least $2, probably more, options will be made in NWBO. I don't intend to sell calls until the stock is trading in double digits, but at that point I think it could be a good way to bring in pocket change.

Gary
Bullish
Bullish