Home Forums Wealth Inflation continues to climb and the stock market shakes it off! Reply To: Inflation continues to climb and the stock market shakes it off!

#3490
Java
Keymaster

Looks like the tariff warriors are happy.

tqqq shot up from 102 to 110 this week  and that’s scary as I have a call to sell 500k shares at $112.  11/21.  So I may have to buy it out and look way down the road to Jan or Feb to get it to $122 as a sell point. And by doing so lose out on that easy $10-$20k I pocketed weekly.  Of course whenever I do that it basically means I’ve gained 50,000k times 10.  So going through those gymnastics for a half a mil every few months takes a lot of pain away

 

speaking of which.  I sold calls on lam research. 16,000 shares.  Lrcx.  At $120 and eventually flipped it to $126.  It’s at $151 now.  So I’ll have to buy out out and resell at $135. And a month later try for $145 and so on and hope lam doesn’t run away from me.  Again.  The good news is everytime I have to roll it forward.  Say from 126 to 135?   That’s about $150,000 gain.  I’d just like not to have to play catch up just to keep my stock

 

intel.  Same.  Dog stock for years low 20’s.  Wild calls at $30.  Suddenly with the government and everyone else wanting to save intel it’s at $38.  And I got my calls up to $34.  After yesterday $35.50.  think

So I’m   really dancing to keep my shares and not sell them below market.

on the plus side these are nice problems to have.  Making a lot and doing gyrations to manipulate things to make even more.

still making $40k to $80k a week on Carvana though   Can’t beat that