What are you doing for options? GDXJ calls have been good to me. I've thought about taking a gamble on AGQ calls but they're pricy. Feb 26 calls are $1200 a contract, implying a 25% upward move. I own a ton of AGQ. (2X return) I'm short Microstrategy, NVidia, Palantir, and bitcoin. My only reservation is all stocks get caught up in a broad selloff regardless what they are and we're set up for a big one. Options are a good way to get caught with your pants down. I'm going to start taking 50% of my profits and buy more Eagles.
Genius. I've got the shares to do it. I rebought at $100 and it's sitting at $155. It's a gamble but I like rolling dice. Thanks ape! Stack on broseph.
What are you doing for options? GDXJ calls have been good to me. I've thought about taking a gamble on AGQ calls but they're pricy. Feb 26 calls are $1200 a contract, implying a 25% upward move. I own a ton of AGQ. (2X return) I'm short Microstrategy, NVidia, Palantir, and bitcoin. My only reservation is all stocks get caught up in a broad selloff regardless what they are and we're set up for a big one. Options are a good way to get caught with your pants down. I'm going to start taking 50% of my profits and buy more Eagles.
Sell calls covered by your shares?
Genius. I've got the shares to do it. I rebought at $100 and it's sitting at $155. It's a gamble but I like rolling dice. Thanks ape! Stack on broseph.
Thanks ape - I’ve been taking the mining stock covered call profits and turning them into physical for a few years now - if we hit $250 I’m retiring 😁
I'm bought calls for March on HL and Paas. Ive bought and sold several times since last spring.