Replies to post #756 on Intuitive Machines Inc (LUNR)

[rbtree]

They're CSP's. I rolled them down to $27 5-15. I won't mind if they are assigned. Either way. But I expect we'll be way above $27 by then. I closed some $30 CC a while ago and did well. I do have 3 $35 Jn 18 CC's that may need to be rolled again..hope so 😋

Had a deep deep red IREN $55 CC, so I rolled it way up and out to $110 and Jan 2028. Total premium collected is now over $1750... Heck, my first 100 shares cost $1650

I was up close to $25-28k today across all my holdings. A good day! Hydrograph reversed a bit. I want more but haven't gone for it yet. Still think it could well be the stock of the century.

[rbtree]

Posted this on Rocket Lab to timberwolf who has different goals than me for his CC trading:

Earnings call there (here) is pre-mkt tomorrow. I may have mentioned that I have a 3 sets of 3 CC, at 35, 35, and 40. The first set expires Friday. As you and others advise against rolling up and out more than a short time to remove the deep red when the stock has kept running, I may let that set get called away. (I've already rolled set 2 to June and set 3 to July, like it or not) But I also sold just 1 CSP at $33 yesterday... if the shares go get called, I collected $306... shoulda done more than 1, I reckon...But the other idea was--if the mkt doesn't like the earnings, I'd get 100 shares at effectively $29.94 per...

Still not sure I don't mind rolling up and out as I don't mind being limited on the covered shares... (requires a strong belief that the stock won't crater) One big reason is, even if the stock is way above the strike, I am holding 20 Jan 2027 LEAPs that are now flying--up almost $24000 now!! Deep ITM at +208% and 173%

Happy trading Hump Day!