I bought UNH at $290. Sold a two-week $315 call. That paid $1.82, and that's about a 16% annual income rate. I'm way out there at $315 because I don't want to lose this one.
You could get the average cost per share lower if you buy more at the current price. Wait it out for the stock to rebound,or take a loss which is what I have done myself but usually it goes up again right after I sell. I think they will rebound being that they are a solid company but there aren't any guarantees.
I loaded up a bit on SOFI. They have earnings coming out in a couple of days so I'm rolling the dice that earnings news will bump up the stock price. We'll see.
I loaded up a bit on SOFI. They have earnings coming out in a couple of days so I'm rolling the dice that earnings news will bump up the stock price. We'll see.
I'm holding a fair amount of LAC waiting for the stock to start going back up. They missed on earnings the last time pretty badly but it looks like they are getting it together now. It's around $6 a share right now. LITHIUM