$Soligenix (SNGX.US)$ am i the only one that bought tge dip ...
$Soligenix(SNGX.US$ am i the only one that bought tge dip $GeoVax Labs(GOVX.US$ $Blue Water Vaccines(BWV.US$ $Joby Aviation(JOBY.US$ $eHealth(EHTH.US$ $Nuvve(NVVE.US$ $Genius Group(GNS.US$
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seedthesky : you're buying cheap stocks at cheap prices. you'd be better off picking one or two and selling calls for instance, if you bought 500$ Genius, you'd make approx $240 on the low side in 4 weeks, selling calls. 360 if you trade calls every two days without daytrades...selling .65 when the price is up and buying .20 when the price is down. you'd have doubled your money or better if you did daytrade. buy the dips if you get excersized. otherwise, hold a long position to cover your shares and sell calls.
Lane Lerche OP seedthesky : I like options on spy haven’t played in awhile but had some good times and bad I’m still fairly new at trading only been option and day trading 6-8 months I think I’ve gotten pretty lucky a couple times but want to learn more for sure
seedthesky : calls are safe because you only lose the premium on buys and the money you bought the stock at when you sell. everyone says unlimited risk because the stock can go infinitely high, but that's money you don't have anyways.
I plan on losing the initial investment I made to purchase the shares of gns. all tech stocks will crumble at some point soon...maybe q1, maybe q2...but I'll have made my money in the options so when the price bottoms out I won't care.
Lane Lerche OP seedthesky : Do you play far out expectation or that day or week
seedthesky : no, I've been selling 7$ strikes
seedthesky : weekly