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Hello bagholders,
I have 2 simple solutions for your SOS problems.
- Buy puts
- Short the stock today, and close it out tomorrow
Pretty neat strategy huh? Who knew you could make money from a dumpster fire?
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 Iām 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.
Subreddit
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- 3 years ago
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