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| Topic | Stock Topic 21 |
| Colegreen_c12 02/11/21 5:04:28 PM #332: | Lopen posted... Yeah but stocks don't just tank at random. The news known is the same I mean they do rise and tank at random. And even if news comes out that is negative and it tanks your still screwed. It's not like a facebook or a google that is making money in so many ways that it can't possibly fail. If some regulation comes in about sports betting Fubo can easily half in price in a day. Lopen posted... Further it's so volatile you can just sell super far out of the money calls and still make money even if it's less. If your cost basis is $40 and the stock is at $25 your going to be making barely anything selling covered calls above your cost basis. Maybe 50 cents a week if your lucky. And That's only if volatility doesn't drop. I don't really get why your trying to justify Fubo as safe. You like the premiums and are willing to take the risk on a company you are ok with owning but that doesn't make it safe. I'm not saying its a bad move its just more than I would allocate --- DPOblivion beat us all. ... Copied to Clipboard! |
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