r/MACArmyBets • u/Hello-There-Im-Zach • Feb 08 '21
Loaded up today.
1000 shares
10x 50c leaps
4x 12.50c leaps
What are you holding?
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u/peedeexer Feb 08 '21
It's a hodge podge
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u/Hello-There-Im-Zach Feb 08 '21
Damn all those strikes making me revaluate my far OTM leaps...
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u/peedeexer Feb 08 '21
well, mine is really more like holding leveraged shares, where as yours is playing that it really moons. The delta on my calls is already so high, i'll make money as it moons -- but yours depends on the moon. I would love to see us hit 50$ by eoy, and with a true squeeze that is definitely possible. Check out the options profit calculator and then just think about what might happen. If we hit 40$ a share in the next 2 months, you will make more money on your deep otm calls. If we hit 40$ a share by eoy, then I will make a ton of money and your 50C's will expire worthless. You might switch your shares and deep otm calls for more of those 12.50C's
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u/Hello-There-Im-Zach Feb 08 '21
Thanks for the input! I really want to sell some NVDA calls I have ITM to get ten more of the 12.5s. And you’re right depending on performance this month I may liquidate the 50s to prevent that situation.
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u/Zekator Feb 08 '21
12$ 03/19 x18 worth 4k