$GameStop (GME.US)$ I know many ppl will be against my idea....
I know many ppl will be against my idea. But...im still buying at dip slowly to avg down my cost and upsize my shares. Because im happy with the covered calls.
u can share ur views. but dun be rude.
tq.
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Abus : buy the dips, not a bad strat. it's like any other prospect; no risk no reward. hope you're not in too high; repositioning your entire position may be a worthy strat if you expect the stock to increase.
Abus : moreover, as the price drops, yes you can buy dips, but if there is no adequate reversal, you may never get green and your dip purchases can dig you a deep hole.
PawtasticOP Abus: my avg is abt 30. i sold call option and got 2. strike at 30.50 due 28 june.
so my avg will be 28 not exercise. and gain 2.5 if exercise. repeat this a few rounds. i can get a reasonable breakeven price like 20-22?