2 comments on Started the Week With Trades With PTON, INSG, AAPL, PINS & MSFT
You officially have me hooked on INSG. Currently sitting on 900 shares with a 9.69 avg, 15 Jan 2022 15 calls and 8 Jan 2021 12.50 Calls. Thinking of selling 90% of my options before ER tomorrow due to the beat seemingly being baked in. What’s your opinion on this, too conservative? Love what you do Coach.
Hi Daniel,
Thank you for reading.
I own 1100 shares of INSG. Against 1000 shares I sold (10) 8/21/20 $17.50 Calls for a 75 cents premium for $750. I also own 20 INSG 1/21/22 $12.50 Calls. I’m going to hold all positions through earnings tomorrow. I’ll probably hold my $12.50 Calls until the end of the year unless I have a profit I want to lock in.
In no way is this a suggestion for what you should do. We all have a different philosophy and risk tolerance. You must trade according to yours. Not mine or anyone else’s. When it comes to being too conservative, remember, no one ever went broke taking profit!
Good luck.
You officially have me hooked on INSG. Currently sitting on 900 shares with a 9.69 avg, 15 Jan 2022 15 calls and 8 Jan 2021 12.50 Calls. Thinking of selling 90% of my options before ER tomorrow due to the beat seemingly being baked in. What’s your opinion on this, too conservative? Love what you do Coach.
Hi Daniel,
Thank you for reading.
I own 1100 shares of INSG. Against 1000 shares I sold (10) 8/21/20 $17.50 Calls for a 75 cents premium for $750. I also own 20 INSG 1/21/22 $12.50 Calls. I’m going to hold all positions through earnings tomorrow. I’ll probably hold my $12.50 Calls until the end of the year unless I have a profit I want to lock in.
In no way is this a suggestion for what you should do. We all have a different philosophy and risk tolerance. You must trade according to yours. Not mine or anyone else’s. When it comes to being too conservative, remember, no one ever went broke taking profit!
Good luck.
Steve