Don’t sleep on this just as important for AI as nvidaBroadcom beats earnings estimates, announces 10-for-1 stock split
Don’t sleep on this just as important for AI as nvidaBroadcom beats earnings estimates, announces 10-for-1 stock split
Covered? If Covered - that shyt normally blows through my strike vs buy and hold.Selling calls is an underrated lick.
Even if it does, you still eat. Also, you got to know the right stocks to do covered calls on. There are stocks where the premium pays for almost the whole thing. There's really no downside to selling covered calls, because you always eat. You can buy shares for 1.00 and guarantee you 2x at a strike of 2.00 per share. If the stock hits 2.50, Who cares? You still ate, and if you add premium, you barely missed any gains-- if at all. The only "downside" is your own greed. Being a seller is way more consistent than buying.Covered? If Covered - that shyt normally blows through my strike vs buy and hold.
Either way it's great.If good - naked and/or credit spreads can be very good
Nice win.I took profits on NVDA, though I regret not cashing out when it hit $140, which would have netted me $35k.
Nonetheless, profit is profit. I'll jump back in once I feel it has bottomed out and plan to go big on top companies. i have enough longs, so i don't mind swinging NVDA.
Lately, I've been trading penny stocks a lot. Currently, I try to limit each trade to no more than $10k, aiming for small, consistent gains. I'm allergic to losing, so can't see too many red, so i'm keeping my S/L tight.
Staying disciplined is tough brehs, but I'm content with a 2-5% gain per trade.
eventually i'll start option trading again, but i'm happy with small daily hits. if i hit a home run with NVDA or any other big swings then i'll use the profit to trade pennys. so hopefully i'll trade $30-50k per day.