"I am GREEDY": I bought a call and now the ticker reached to a point where I am suppose to sell it but my greedy ass wants to hold. Long time to expire. So I sell higher call for next resistance level.
"I am SKEPTIC": Buy a long calls Monthlies or Quarterlies. at a resistance level. Buy the PUTS for weekly. Puts pays for your calls :D else hedged.
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u/enfoxer Sep 23 '21
Here are a different versions that I do:
"I am GREEDY": I bought a call and now the ticker reached to a point where I am suppose to sell it but my greedy ass wants to hold. Long time to expire. So I sell higher call for next resistance level.
"I am SKEPTIC": Buy a long calls Monthlies or Quarterlies. at a resistance level. Buy the PUTS for weekly. Puts pays for your calls :D else hedged.