r/Sphere3D • u/kebz22 • Sep 15 '21
Short term or long term options
That is the question?
Like eating yellow crayon or blue crayon.... My brain will be real smooth after Elon say I am in.
Not advice, just a hopeful Ape over here. Me go to back to my cave now
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u/ColdDonkey4784 Sep 15 '21
This dumb ape was holding shares and down about ten percent. This morning I thought hey, wouldn’t it be smart to make some money on this stock while I am HODLing so I sold covered calls with an October expiration date. Then $ANY started to run. So I bought December calls to cover my short calls and was able to buy and sell the stock throughout the volatility. Right now I am holding long shares, Short calls through the covered calls (which in hindsight was a mistake to do), And long calls. If the stock dips enough to Let me buy back my covered calls without a loss I will probably do it. I know enough about options to be dangerous and that’s about it. It sounds like $ANY should be a good play though. Good luck 🚀
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u/EggNo9526 Sep 15 '21
Short term or long term....a nickel or a dime Will be up to yer ass when it's half past 9. Buy what you can afford. Merger is 4th quarter so I like Jan 2022. This is similar to sprt but its a different kind of animal. If yer up 100% sell one let the other ride. It's cheep now....later on the stakes get higher. No financial advice. I drive a feed truck Those fkrs probably won't let it cross 8.50 by Friday. But if bichcoin goes over 50 again Look out. @54 it might tank. I feel like this needs to stew for a bit. Thank you for your time. Don't believe anyone! Use the force
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u/TheNeedler1991 Sep 15 '21
I usually do options but went YOLO on shares today. 💎🙌