Option Iceman 9:09 am on Tuesday, May 24, 2016
Tags: CoveredCalls ( 2,202 ), ShortPuts ( 4,763 )

$DUST #CoveredCalls – Sold DUST…

$DUST #CoveredCalls – Sold DUST Jul 15 2016 33.0 Calls @ 0.80. Highest available strike price.

Ian 11:28 am on Tuesday, May 24, 2016

Iceman did you already have the stock since before the split or did you recently purchase them to do CC?

I’m thinking of following the trade but I don’t own the stock. Had a few but dump then before the split but it seems like to starting to move.
- Option Iceman 11:42 am on Tuesday, May 24, 2016
  
  $NUGT #ShortPuts – Most of my stock was acquired between 1.5 and 3.0 pre split (some much higher though). I will use the rolling strategy I’ve employed with SVXY and NUGT if it required. It may not be needed and I’ll make some much needed cash on this position selling calls
  - Ian 11:49 am on Tuesday, May 24, 2016
    
    Would you at this point buy then cover or sell puts till assigned? If you were to get in $NUGT.
    - Option Iceman 4:04 pm on Tuesday, May 24, 2016
      
      I’ll roll short puts that are in the money. So easy to do with this stock…
Ramie 11:28 am on Tuesday, May 24, 2016

Followed thanks Iceman. Sold for .80.

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