small position attempting at a short set up, wasnt quick enough could of made a nice small gain if id covered when it tested its 11 resistance area, but i was curious to see if itd break or fail and it bounced and hesitated and it just kept creeping up, i covered to keep from taking a loss but lesson learned
I was expecting more but I left early with some green and cant complain. The market sentiment is pretty unstable and IF there is a big correction I want to have as little as possible positions out there. Protect, Protect, Protect. Singles add up over time. Trading safe these days.
I bought 4000 shares on Wednesday when the market was tanking and every stock was following suit, I knew BB was a great buy at $9.50 so I bought the shares and decided to play it with a $10.50 Covered Call, the underlying closed at $10.38 on Friday so Im hoping for an upside move to sell another CC at $11.50 or $12 hoping it will run off their EPS news, if not I can easily pull around $4k per month in options income if it stays flat.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.