@VivianLau 1. Set a target value to buy a stock 2. Sell PUT at the value 2a. If PUT not exercised, continue to sell the PUT and keep premiums 2b. If PUT exercised, sell a covered CALL to sell stock at another target value. 2b(i) If CALL exercised, sell PUT at target value as per s/n2 2b(ii) If CALL not exercised, continue selling CALL next week Volatility means the value will generally move between the 2 target values
Witnessing $Tesla Motors(TSLA)$ slide is painful but I will continue to stack to cover block sale earlier this year. Hopeful it will recover after I complete my repurchase.
Such correction is expected and it happening at Marco level. Slowed down for pple to board. The run should be long so I am patiently wait for the rocket moment.
$Palantir Technologies Inc.(PLTR)$ IMO is not cheap for me, though the drop is tempting. Will continue to buy puts in the range of 50 to earn some pocket money