02-10-2022, 05:56 PM
(02-10-2022, 04:58 PM)Dividendwayfarer Wrote: I was also evaluating the market and sold ENPH, ABNB and closed my PYPL put with a small gain.What? You don't care for the 30pt price swings in a week or two? Wow ENPH and ABNB are volatile. Of course I should have sold my ENPH yesterday at the open but I have to hold something and I think it will go over 200 this year. Probably in a weeks time lol. Thanks to the dip my cost basis is about $120 so I can sell covered calls way out of the money in the meantime. It's amazing what these nuts will pay me betting on a hard run in a few days or a week. (Could be part of a complex strategy on their part of course).
My ABNB sold put will close tomorrow. It went from Up $275 to Down $1700 to Up $275 in a few weeks. Wish I had bought shares but the market was getting destroyed then.
I like both companies but I am not buying a single share of either stock unless they get crushed.
Sold a new TGT put to replace the one that will expire tomorrow.