Lnova
:
If it continues to run tomorrow, we can buy calls with strike price of $2 expiring this Fri on 12-20… they’re only $5 to buy (but is after market for options - prices update at 9:30am) … this is what I did with $KULR Technology (KULR.US)$ today… I had been saving calls for when it would run… this Kulr call strike price $2.5 for this Friday 12-20 only cost me $4 total… but see… was able to buy it for $4 flat cost and sell it for whatever the bids became… so I could make $40ish while only having to risk spending $4 total. sometimes inexpensive options can be a good way to experience a bull run without risking buying 100 shares… you’re still buying the contract for 100 shares so if the stock goes up $5 you make at least $500, or if it pulls a Nukkleus, you’d make like $5,000-$7,000 if you had been able to have a Nukk $2 strike call for $4 and then Nukk ran. But unfortunately Nukk doesn’t have options
Lnova
:
I just share the info about the options because I used to only trade by long holding and entering into bull runs and it’s risky to enter into bull runs through buying a bunch of shares, you have to put more of your own money on the line.
Lnova
:
Anyway if $Inovio Pharmaceuticals (INO.US)$ keeps running tomorrow we could just spend $5 or whatever the $2 call strike ask price is… and then however much Inovio goes up per share above $2 x 100 is what you as the call holder makes.. except plus it’s mixed with people’s FOMO so you end up making profit before the stock even goes over your strike price most the time in my experience
Lnova
:
$Snow Lake Resources (LITM.US)$ call . I bought for $20 with a $1 strike price and it doubled without the stock even having to really go over $1. Cause it’s based on whether or not people get fomo and believe it will go over the strike price too. Not just based on whether it actually does. But I don’t recommend Snow Lake necessarily, it was kind of a crazy stock to be in today. Anyway just sharing the info. A way to trade bull runs without having to buy shares
This_Guy
OP
Lnova
:
Thank you I appreciate it. I don't pay enough attention to options. I bought a few contracts months ago can't remember the ticker though. It was giving that run look and I bought them just before and I did do well. I'm going to start looking at them more, thank you!
Lnova : If it continues to run tomorrow, we can buy calls with strike price of $2 expiring this Fri on 12-20… they’re only $5 to buy (but is after market for options - prices update at 9:30am) … this is what I did with $KULR Technology (KULR.US)$ today… I had been saving calls for when it would run… this Kulr call strike price $2.5 for this Friday 12-20 only cost me $4 total… but see… was able to buy it for $4 flat cost and sell it for whatever the bids became… so I could make $40ish while only having to risk spending $4 total. sometimes inexpensive options can be a good way to experience a bull run without risking buying 100 shares… you’re still buying the contract for 100 shares so if the stock goes up $5 you make at least $500, or if it pulls a Nukkleus, you’d make like $5,000-$7,000 if you had been able to have a Nukk $2 strike call for $4 and then Nukk ran. But unfortunately Nukk doesn’t have options
Lnova : I just share the info about the options because I used to only trade by long holding and entering into bull runs and it’s risky to enter into bull runs through buying a bunch of shares, you have to put more of your own money on the line.
Lnova : Anyway if $Inovio Pharmaceuticals (INO.US)$ keeps running tomorrow we could just spend $5 or whatever the $2 call strike ask price is… and then however much Inovio goes up per share above $2 x 100 is what you as the call holder makes.. except plus it’s mixed with people’s FOMO so you end up making profit before the stock even goes over your strike price most the time in my experience
Lnova : $Snow Lake Resources (LITM.US)$ call . I bought for $20 with a $1 strike price and it doubled without the stock even having to really go over $1. Cause it’s based on whether or not people get fomo and believe it will go over the strike price too. Not just based on whether it actually does. But I don’t recommend Snow Lake necessarily, it was kind of a crazy stock to be in today. Anyway just sharing the info. A way to trade bull runs without having to buy shares
This_Guy OP Lnova : Thank you I appreciate it. I don't pay enough attention to options. I bought a few contracts months ago can't remember the ticker though. It was giving that run look and I bought them just before and I did do well. I'm going to start looking at them more, thank you!
105673997 : Great experience sharing! appreciate jt
105673997 : Great experience sharing! appreciate it