So, what happened with the $79 CC's? You had the shares called away? If that's what happened, that's a bummer--and the reason for my initial comment two posts ago. But, as you have a defined strategy, you were OK with it, right?!
I'm perma-long. And understand the meaning and import of their news.
decide whether or not I want another round of shares. And given how hot it ran? Won't touch the shares now till it consolditates this rather ridiculous move it made
While that 31% day gain was overblown, I wouldn't call it ridiculous.
Me, Friday nite:
Considered doing the same with a RKLB CC, late today, but think its move was stronger and might continue, so don't want to lose 100 shares.. of course there's rolling...
I'll re-evaluate and sell a CC or two if it pulls back .I hope it does, as I'd don't have any LEAPs--(and want more) after closing 9 Jan 16 $35's --held for 55 weeks--- made $41300 of pure profit!! Of course, as with all my fav's that have been bull running for ages, there's no long call bargains... and I'm skittish about buying long dated deep OTM calls.
If LUNR's earnings are OK, and they get the largest part of the lunar rover contract, I expect my LEAPs will soon leave +90 and +130% gains in the dust, on their way to 400-800%.. the latter being those RKLB calls gains..--which, if I'd waited two days for the first sale of 5, and one day for the other 4, and sold on exp day, which so happened to be the then ATH of 99.58, I could have banked as much as $7k more..... or enough for more hookers and blow... heh..as if..(not sure how many more than O would be.... try the new math, mebbe....)
I've been investing since the 1980's. but not very well, until 1998 when I got my first PC.... By Mar 2000 I had gains of 400-500%..mostly in the last 6 mo leading up to the dotcom crash. had taken 3 mo off from my day job (small tree service biz) went back to work.. would come home, bemoan my 290k account slowly dwindling--lotsa pennies or small co's--- and do nothing. I think I took 20k out, the rest went to 0..a beyond rookie move..sigh.
Sold my only rental hs July 2024, got back trading... first buy was LUNR... AVGO-- a whole 3 shares-then gobs of higher yield ETF's etc and RKLB... still learning.. options trading success is OK, but will get better... Accounts are up over 80% since the TACO caused spring '25 lows..not bad as I still have lots to learn, have lots in cash, some in corp bonds, mutuals, ETF's..etc