LogFAQs > #949423717

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TopicStock Topic 13
Lopen
01/12/21 2:42:46 PM
#357:


I actually bought 700 shares at $0.89 and sold $1 calls on them that expire a couple of days from now for $12 each. So I effectively have the shares for $0.77 or I make a quick ~15% profit in a few days. Seems win-win as the stocks seem worth $0.77 to me. And if it rockets I have my stack of 2/19 calls.

Not much DD here just 5G + analyst hype and an EPS that doesn't seem awful. Guess we'll test Red Sox's "don't buy something you're considering if it's already gone up 40%" theory today.

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