ShortSlaver
Member
I sold covered calls yesterday - felt we were in a too much too fast period.
However, this stock has done this before and it's shaping up to be a great buying opportunity here. I think calls are still really expensive for August, but with earnings potentially blowing it up (or crashing it further!) there's a premium all the way around.
I may bly to close my covered calls soon, as they are for AUG 140 and have dropped greatly the last day. But also considering getting some calls...
However, this stock has done this before and it's shaping up to be a great buying opportunity here. I think calls are still really expensive for August, but with earnings potentially blowing it up (or crashing it further!) there's a premium all the way around.
I may bly to close my covered calls soon, as they are for AUG 140 and have dropped greatly the last day. But also considering getting some calls...