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!
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