Hear me out, yes i know it may be a pump and dump BUT….. while volatility is high, you stand to make good premium on covered calls and CSP's….. i loaded up 500 shares and immediately sold 5 cc's against it and was able to fund 60% of the shares bought. weird arbitrage play right now but should work out
Posted by The_BitCon
2 Comments
You still have downside risk for when it will crash next week. A better play would be to sell 3$ straddle a month out and hope it doesn’t rally above 6,75. You still make money if it goes to 0.
It’s not a pump!! /roaringkittty
Buy in it’s going to $10!!
💎🙌🏼🚀📈🌕☝️🫡