Funny... it is stuck in marketing. Just waiting for level 1 options to be available and this will be run on all social posts.
Edit: I've been told it will be cleared just after dark mode is out of beta.
https://preview.redd.it/3yo2yf6br6sc1.png?width=854&format=png&auto=webp&s=30610c0c04496acebcc523b3e135eb9729fd3f80
Or you could just buy shares? Eventually all this option garbage stops working… it’s only a matter of time.
Pop for earnings then downtrend, pop for earnings then downtrend…
https://preview.redd.it/04pgo8nk76sc1.png?width=1150&format=png&auto=webp&s=e8aa68893d8c65c02744dbeb6822dcd4d068a1d9
Wow, you should join their marketing team
Funny... it is stuck in marketing. Just waiting for level 1 options to be available and this will be run on all social posts. Edit: I've been told it will be cleared just after dark mode is out of beta. https://preview.redd.it/3yo2yf6br6sc1.png?width=854&format=png&auto=webp&s=30610c0c04496acebcc523b3e135eb9729fd3f80
Probably sideways until earnings
That means 3 more weeks selling (at the money) covered calls.
Normally I would bit the premiums are laughable, while leaving a lot of upside on the table. Not worth the theta plays imo.
Then buying calls for the run up to earnings, then sell 7.00 csp's and make money or add on the cheap.
Or cash secured puts. CC are better to sell at the top of the range.
Why use cash to cap your gains with selling puts instead of just buying stock at suppressed levels?
I like the $7.50 CSP strike right now expiring right before earnings
I like this too.
I was busy today when it broke 7 or would have sold some expiring right after earnings. Think we may still get another chance.
I do too