Recent content by s3raphim

Done! The stock I am basing the question on is RLYP.

Very helpful perspective, thank you.

Or perhaps a better question is: What are the ways you can effectively reduce your cost basis on a sub-10k, Tier 2 account besides selling covered?

What are best bullish strategies to trade illiquid options with wide bid/call spreads? I have a 10k, Tier 2 account, so can't sell naked -- but let's say I am very bullish on a stock, however there is low OI and therefore a wide bid/ask spread. Of course I could buy calls to the extent I could...