07-28-2020, 08:15 AM
(07-28-2020, 07:55 AM)divmenow Wrote:This is what I have been harping about. I know I sound like mister bear here too often. He is a good CEO and he RTX will be fine but the last couple calls were awful. I've been checking on BA again lately and they can't go a week without their story getting worse. I am going to keep selling covered calls on my remaining 100 shares until I lose them, then do the put thing. That tends to work well in stocks going nowhere but you want to keep most of the dividends. I can't cut and run on every bad story because there will be more soon.(07-28-2020, 07:06 AM)crimsonghost747 Wrote:(07-22-2020, 09:21 AM)fenders53 Wrote: Gave my RTX position a serious haircut. Sold a covered call on the remaining shares. Not sticking around with a big position for an earnings report next week I am certain is going to be depressing.
Well, the earnings report was certainly abysmal. We all knew it was going to be bad but it was certainly worse than I expected.
Seems to be currently up 3% in premarket... I do not understand these things but I would be surprised to see RTX end up in green today.
And RTX ceo just said he doesn’t see a turnaround in aerospace industry until 2023. That’s a long time to wait. That’s not good. Maybe I should be buying more gold and silver lol