Sweee
ひな☆彡 SOXL(Bull)
OP
:
ur risking ur future profit for 20 bucks, what if soxl runs to 40 this week. SOXL is 3x leveraged and currently has momentum, anything can happen.
Sweee
ひな☆彡 SOXL(Bull)
OP
:
okok if ur goal is to liquidate i guess is fine. Cash definitely has more room for options vs owning underlying. U can also consider selling some calls (preferably longer dte like weekly or monthly) against ur long call to hedge and lower ur cost basis
For me i am holding some short puts atm, might sell some calls if it runs too high.
Sweee : how much premium u get is it worth the risk? if i am u i will short with further dte, this week anything can happen...
ひな☆彡 SOXL(Bull) OP Sweee : I don’t think this is a risk… I can lock in the profit also
ひな☆彡 SOXL(Bull) OP Sweee : I can get about $20, usd my working rate
Sweee ひな☆彡 SOXL(Bull) OP : ur risking ur future profit for 20 bucks, what if soxl runs to 40 this week. SOXL is 3x leveraged and currently has momentum, anything can happen.
ひな☆彡 SOXL(Bull) OP Sweee : It really really doesn’t matter at all…
ひな☆彡 SOXL(Bull) OP Sweee : Whatever bucks I make on underlying real SOXL stock is nothing compared to the call option I have
ひな☆彡 SOXL(Bull) OP Sweee : What happens if it hit 40, I will sell some long call and I will buy back some….
Sweee ひな☆彡 SOXL(Bull) OP : okok if ur goal is to liquidate i guess is fine. Cash definitely has more room for options vs owning underlying. U can also consider selling some calls (preferably longer dte like weekly or monthly) against ur long call to hedge and lower ur cost basis
For me i am holding some short puts atm, might sell some calls if it runs too high.
ひな☆彡 SOXL(Bull) OP Sweee : I won’t get liquidated this is not margin account
Sweee ひな☆彡 SOXL(Bull) OP : i mean to sell off ur soxl position to free up cash
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