LionRoars87
LionRoars87 t1_j6lm9wc wrote
Reply to comment by thisisthetaa in 2nd time making a covered call: 1600 shares of Carvana at $8.43. 16 $9 calls sold at 0.71 a call by thisisthetaa
Welcome to the risk of covered calls. This is options man.
LionRoars87 t1_j6lm6r2 wrote
Reply to 2nd time making a covered call: 1600 shares of Carvana at $8.43. 16 $9 calls sold at 0.71 a call by thisisthetaa
Covered call on meme stock?
LionRoars87 t1_iug4416 wrote
Reply to comment by Crafty_Ranger_2917 in Diamondback Energy for the Win. (FANG) by v10climbz
It was by no means an easy ride. Straight up rollercoaster. Lol
LionRoars87 t1_iug14mo wrote
Reply to comment by Crafty_Ranger_2917 in Diamondback Energy for the Win. (FANG) by v10climbz
It does. It's definitely volatile no doubt.
LionRoars87 t1_iufugkz wrote
Reply to comment by v10climbz in Diamondback Energy for the Win. (FANG) by v10climbz
Agreed, and the supply side is the reason oil prices will stay high for awhile. Most investors seem to be ignoring that there is an energy shortage. And none of the main suppliers are motivated to increase production. Years of under investment in oil and gas has led to low levels of spare capacity. And any further supply disruptions could spike oil much higher yet again.
LionRoars87 t1_iuft2d1 wrote
Reply to comment by Crafty_Ranger_2917 in Diamondback Energy for the Win. (FANG) by v10climbz
Actually oil and gas demand is fairly inelastic so I have to disagree.
LionRoars87 t1_iufsty5 wrote
Reply to Diamondback Energy for the Win. (FANG) by v10climbz
Love this company. Been in it since 2020.
LionRoars87 t1_je6pf13 wrote
Reply to comment by cryptoguy66 in SPY Going To The Moon by B3stAuD1t0rofA11tiME
I took a gamble on 395 spy puts for Friday