How did everyone do this shortened week?
I've been sticking with selling puts on the high IV stocks. Did well with NIO, RIOT, and DKNG.
I did get assigned 200 shares of RIOT at $7 ($6.50 cost average after premium). I also had short puts @ 5.50 and 6.50 which were profitable.
I wasn't expecting BTC to dip as much as it did, but not totally unexpected there would be some consolidation after nearing 20k.
Looking forward I have MARA $4 & $5 dollar short puts 12/18 exp. DKNG $47.50 strike 12/4 short put and PLTR $25 short put for 12/4. The PLTR option I snagged at 2.09! Yikes. In retro I wish I would have bought a few of them.
I'm still long 400 shares of AVXL. I sold off 100 shares for a small profit. Holding the rest for at least early next week. This stock usually runs up prior to these events.
Still keeping a lot of cash on hand, this market is due for a correction.
How did everyone do this shortened week?
I've been sticking with selling puts on the high IV stocks. Did well with NIO, RIOT, and DKNG.
I did get assigned 200 shares of RIOT at $7 ($6.50 cost average after premium). I also had short puts @ 5.50 and 6.50 which were profitable.
I wasn't expecting BTC to dip as much as it did, but not totally unexpected there would be some consolidation after nearing 20k.
Looking forward I have MARA $4 & $5 dollar short puts 12/18 exp. DKNG $47.50 strike 12/4 short put and PLTR $25 short put for 12/4. The PLTR option I snagged at 2.09! Yikes. In retro I wish I would have bought a few of them.
I'm still long 400 shares of AVXL. I sold off 100 shares for a small profit. Holding the rest for at least early next week. [There is news expected on Dec 3rd. ](https://www.globenewswire.com/news-release/2020/11/25/2133607/0/en/Anavex-Life-Sciences-to-Present-at-the-Evercore-ISI-3rd-Annual-HealthCONx-Conference.html) This stock usually runs up prior to these events.
Still keeping a lot of cash on hand, this market is due for a correction.
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