MonKeyTgr
10-03 17:13

$Rocket Companies(RKT)$  

1️⃣ Why am I making this trade now?

Getting some shares from the put option that got exercised. Do not mind holding at this price. I think this is a good entry point where the share price is jist knocked down due to the interest rates and maybe some risk of defaults. Anyhow, it a good buy to me now.

2️⃣ What's my plan from here?

Will hold and wait for the share price to rebound for a small profit. Or if the premium is worth my wait, will probably do a sell call on it. If it hits it hits, if kot will just treat it as a wheel. When the interest rates mormalize and people get used to it, it likely rebound back. Till then, stay neutral.

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