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Four months in and I am still seeing degenerate gamblers buying short term option calls. I mean the question has to be asked, WHAT ARE YOU PEOPLE DOING? You buy calls, they short, you lose. That's what's been going on for over 16 Weeks. WAKE THE FUCK UP!!!! If you must buy call options, buy long leaps calls. It's much safer and chances of profit is greater!! or just buy only shares and HODL!
Holding 12k shares. Started selling calls myself this week. Sold 30 at 4.0 and 4.5.... if shorts are gonna keep this up, I’m gonna at least get a little cheese back for myself.
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I didn’t sell my entire stack. Just 3000 worth. I figured it wasn’t going to moon this week, and on the rare chance it did the other 9k was not going to hurt my feelings.