Boiler Room: The Official Stock Market Discussion

Da_Eggman

Can't trust every face you gotta watch em
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Rickdogg44

RIP Charmander RIP Kobe
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It’s the perfect stock for wheeling. I recently sold 100 shares at an all time high back in September for 15k. Watch the Dip bought back not at 100 shares outright but instead purchased a deep in the money call(90 strike price) with a delta at 1 for 6k. It’s already at 8k once it gets to 9.5k in value, I can exercise it and purchased the 100 shares back at a price of $90 dollars per shares. Theoretically I’ll try to hold that call Option til at least the summer earnings and sell afterwards
You do poor man's covered call?

I may do that vs straight naked calls
 

Gilly

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MU flat all day but may have formed a hammer on the daily…

i copped weekly NVDA 325c before close :shaq:

i think tomorrow will be crazy brehs (ATHs)


:smugfavre:
 

who_better_than_me

Time to go!!
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You do poor man's covered call?

I may do that vs straight naked calls
Yep… but not on this apple play.


This appl play I got goin on I have a different plan for. Basically I’m doin the Rolling 4’s. It’s already at the price where I can exercise it and get the shares outright just off the value and profit of the option alone. At the end of day, it’s current contract is valued at 88.22($8,820) and the strike price is 90($9,000). I bought for 6k back in September and it still doesn’t expire until September 2023. This option might hit 200%. I definitely expect at least a 100% return but I’m hoping at least 250% return so I can get the shares and roll on to msft deep in the money contract,
 
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