I started trying to sell some covered calls, as I'm on the fence about the direction of this market, and I like to scalp on both the entry and the exit where I can. So many things are screaming ai bubble. Not looking forward to paying the taxes in case I have to sell the stock, but there are worse things. I put in a limit order Sunday night to sell a contract of GOOGL at $10.26. High of the day was $10.25. I shit you not! I moved my strike price up $10 and I'll try again tomorrow for a Nov 7 expiration, at a more modest sell price. I know earnings are hitting on Wednesday...not sure if there's insider buying afoot, or just plain FOMO. PE of GOOGL isn't ridiculous, but any PE can go down with the tide.
NEW -> Contingent Buyer Assistance Program
B2FiNiTY
Active member
exactly. too hard to time though. the way you are doing it will be less regrets.
20+%YoY rev growth at a 24.5 PE in a 1.7T market cap - I’ll buy that all day long
morekaos
Well-known member
I never put a limit order on an exact even amount. The book will have 1 million orders sitting there, right on that spot and your order could get crowded out or missed.I put in an order for META at $650
It fell to $650.17 then rebounded