@TaraBull $SPCX can go much higher especially in the short term. Rookies think just because itโs up a lot it will sell off but IPOs with this hype get squeezed in the beginning. Examples $BYND $TLRY
@JohnLoc18 Donโt give up I know itโs a tough loss but this is how you learn from your mistakes. Taking Ls is just part of trading take the emotion out of it and youโll come back stronger than ever ๐
@TJTheWheelDeal Had to do a few lateral rolls on these with the selling pressure over the past few months but ultimately looking to take assignments around 17ish if it stays under 20 then run a covered strangle
@TJTheWheelDeal Covered strangle with half the position (50k shares) January options 25p and 40c roll any time any strikes get challenged let the other half ride if it gets anywhere near 100 would then sell 100c strike 1 month out until it gets called away if not then keep selling cc