Stocks/Investing

theesotericone

Build It Beat It Break It. Repeat
Fredo Baggins
Joined
Oct 3, 2018
Messages
3,224
Location
Bishop, CA
Crypto is crazy right now. I have only have a little in cause I was expecting large drop. Bitcoin could be 100k by end of year so i need to get back in at some point.
Im holding NIO for a little bit.
Yep. I'm watching the BTC 1 day chart right now. The swings are huge.

I'm going to exercise 2 NIO $45 calls on Friday. On 12/24 I purchased some NIO calls.

10 @ JAN 15 $55 Strike $2.06 PAID $2060
4 @ JAN 15 $45 Strike $5.08 PAID $2032
Total Invested: $4092

Last Friday I sold 1/2.

5 @ $55 Strike $4.95 SOLD: $2475
2 @ $45 Strike $12.75 SOLD: $2550
Total Sold: $5025

That left me with $933 profit and I still own 2 @ $45 and 5 @55. The current strike on the $55 are 8.05. I'll sell those and they will pay for one of the $45 calls I'll exercise. So, I'll end up with 200 shares of NIO for 4000-5000 out of pocket. I fucking love options. lol
 

theesotericone

Build It Beat It Break It. Repeat
Fredo Baggins
Joined
Oct 3, 2018
Messages
3,224
Location
Bishop, CA
I went all in on wkhs today. 3850 shares at $24.11. USPS contract coming up. I should probably not trade after working all night.
That's some serious faith right there. Sell 38 FEB 19 $35 covered calls. Premium right now is 1.15. That puts $4370 in your pocket. If they get called away on FEB 19 who gives a shit because you just made 49% profit in 5 weeks. lol
 

theesotericone

Build It Beat It Break It. Repeat
Fredo Baggins
Joined
Oct 3, 2018
Messages
3,224
Location
Bishop, CA
True! Dropping that kinda money on one stock is scary shit though
No Guts No Glory
To the Victor go the Spoils.


It is and they have. The chatter is 50 to 60 after usps contract.
When the USPS pushed the agreement back WKHS dropped 25%. I'd expect that as a return. No way it surges 100%. I mean, I hope it does but I'd be stoked with 50%. That's why you should be selling covered calls. lol
 

Dukestaco

Stirring the pot 24/7
Joined
Oct 3, 2018
Messages
5,875
Location
Tucson
Hope it works well for you. You're wild man!

True! Dropping that kinda money on one stock is scary shit though
Scared money doesn’t win. Lol. I appreciate the concern. When I had a 5 and a 10 yer old depending on me I didn’t invest like this. Kids are grown and self sufficient. Different stages of life. You’ll do the same when you get here. You didn’t get to where you are today but sitting on the sidelines you are a go getter so you will take the risk when everything else is taken care of.
 

Dukestaco

Stirring the pot 24/7
Joined
Oct 3, 2018
Messages
5,875
Location
Tucson
No Guts No Glory
To the Victor go the Spoils.




When the USPS pushed the agreement back WKHS dropped 25%. I'd expect that as a return. No way it surges 100%. I mean, I hope it does but I'd be stoked with 50%. That's why you should be selling covered calls. lol
You are the call/put shot caller. What do you recommend.
 
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