Scaling in here

[volente_00]

As long as you can handle heat to 2350 you will be fine

you get the add ?

 

[fan27]

you get the add ?

Still long...will add more at lower levels.

 

[fan27]

Still long here with my three micros and back in the black. Will be looking to exit around 2700.

 

[fan27]

Sold at 2615. +185 points.

 

[Buy1Sell2]

GOOD GOD

 

[qlai]

Buying initial shares and selling puts to add lower, but we are coming off such a long run up that we can have a second leg way below.

Well, this worked out nicely(cash covered puts in IRA account). Now is the hard part - I expected a more fierce short squeeze to sell initial shares and position lower at later time, but we may not see lower prices so I don't want to close existing positions. So the plan is to sell puts aggressively into earnings announcements and hope to catch some over-reactions. I have a bad feeling that after this earnings season, I will have to chase the market up.

 

[fan27]

Well, this worked out nicely(cash covered puts in IRA account). Now is the hard part - I expected a more fierce short squeeze to sell initial shares and position lower at later time, but we may not see lower prices so I don't want to close existing positions. So the plan is to sell puts aggressively into earnings announcements and hope to catch some over-reactions. I have a bad feeling that after this earnings season, I will have to chase the market up.

View attachment 223584

I am actually considering a scaling in part two thread where are start to scale into a short position.