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How to make money off of SOS
Post Body

Hello bagholders,

I have 2 simple solutions for your SOS problems.

  1. Buy puts
  2. Short the stock today, and close it out tomorrow

Pretty neat strategy huh? Who knew you could make money from a dumpster fire?

Comments

Earlier in the week I sold 20 $2.5 call options at $.26/share. Then watched the hedges allow me keep the shares AND the $520.

Now If Iā€™m making $520, imagine how much they are pulling in!?!

Been selling covered options for over a month. Most of them were for weeks/month away and at higher prices. This was the first one that was a big banger and closed short in less than a week.

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Posted
3 years ago