@HashThatMotd@OInvests@DollarCostAvg $IREN is an excellent put option stock. The minute it shows negative upside, I’m going back in at 25% below its current price.
@NotA_Bull Mr. Softie had a nice (5.71) gain today. But I’m going to be patient. One $20 gain does not a bullish momentum make. I wanted them under $400, and it’s there. Could fall some more next week.
@BforBarath@DividendTalks Yes, it is terrible. But let’s not act like it won’t rise above $400 again. Once they finally stop falling and RSI rises ever so slightly above water, buying a call option is a no brainer
@KevinOffScript That is interesting. Once the option chain opened, I sold a put at $155, expiring in July. Considering it will be below that at expiration, I will be able to sell covered calls. Was thinking about selling, but not so sure now.