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TopicStock Topic 35
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02/04/22 4:39:52 PM
#411:


Well you do you but I'll just say that strategy is better employed on more stable stocks

When a stock price is moving 20% day to day timing a spike is going to make you more premium than the day of time. I'm not saying diamond hand forever but I expect a fierce spike of some sort (basically vertical line on the chart) between Monday and Wednesday due to 1.5 million open options at $3 and MM needing to deliver those.

Selling a call when it spikes to $3.40 on Tuesday will make more money than selling a call when it was hovering at $3.10 all day today.

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