10baggerbamm's Profile Page - moomoo Community

$Arm Holdings(ARM.US)$ I keep seeing these stories that chip shipments drop 10% and I listen to the conference call and I'm pretty certain he said that it's a product cycle that's taking place by their customers an upgrading cycle I'm going to go back now that my blood pressure is not boiling over and we listen to the conference call again but I'm pretty certain that that's what was stated that their customers are in an upgrade cycle. this cycle is going to result in higher revenues and higher s...

commented on a stock·20 minutes ago

$Roblox(RBLX.US)$ Another Cathy Woods Arkk disaster. she's the queen of buying straight down and continuous buying despite internal problems of any company.. so never fear she will probably be buying over a million shares today she'll sell some of her few winners in our portfolio of funds to buy more of this disaster.

commented on a stock·24 minutes ago

$Planet Fitness(PLNT.US)$ the commentary from the company this morning is consumers are not spending their changing their habits.. I go to planet fitness 7 days a week I've been going there for 15 years. I know the regional managers the area managers gym managers and I've had discussions with most over the years. they have no closing skills whatsoever they have terrible presentation skills there's really only two products to sell at planet fitness a basic membership and a black card membership t...

$Direxion Daily Real Estate Bull 3X Shares ETF(DRN.US)$ one of the key holdings inside of this basket a company called Equinix just knocked the cover off the ball with earnings. attached is the stock and the gap up because the earnings were fantastic.. if you have discretionary income sitting around in your account at 5% doing nothing trying to figure out what to buy it's my recommendation that you take a serious position in this ETF sectors go in and out of favor every year every quarter this s...

commented on a stock·15 hours ago

$Arm Holdings(ARM.US)$ the two-faced piece of shit cramer is going to be discussing arm tonight I'm sure he's going to tell everybody well you know the volatility is there and I told everybody to be patient he's going to spin this that freaking lying piece of shit that he is who is pounding the table at 147 on this stock

$SoundHound AI(SOUN.US)$ I believe you're going to see quarter to quarter meaning last quarter compared to this quarter a significant decline in revenue and that's because SoundHound miscategorize their cancellations of Mercedes and book them as reoccurring revenue and now unless they receive cancellations from other companies which is possible that revenue has vanished so I don't believe you're going to see 80% year over year growth in the quarter let's just see what happens at the end of the d...

$Planet Fitness(PLNT.US)$ go woke go broke... when will these companies learn

commented on a stock·2 hours ago

$Arm Holdings(ARM.US)$ what do you do when your train derails? if you're reading this you are long and you are wrong (like me) we are shareholders that just had our train derail and our witnessing the Carnage the morning after the accident. what do we do? basic logic wood dictate one of three things 1. you sell the stock lick your wounds and move on
2. you just hold the stock and hope for greener pastures in the future that this is a one quarter aberration because you keep telling yourself all ...

10baggerbammOP : yesterday it was 106 and again today it's down but the premium built into the options is going to remain about the same. so I would sell in May 17th 110 strike and collect 6.35 for one week and one day is worth of time.. so that you understand at any point in time the person that buys that call from me could exercise me 99% of the time in the universe that never happens typically it happens on expiration day at Friday at 4:00 p.m. if you're at or in the money sometimes even an eighth or a quarter out of the money meaning the stock would be 109 and 3/4 you're out of the money on a 110 strike. it could be called away meaning that following Monday morning you have cash in your account and you lost the stock at the strike of 110. in 35 plus years of doing this very very seldomly has an out of the money option been exercise but I have had it happen on the random occasion when I'm a quarter 1/8 out of the market it has happened. so using this example assuming the stock stays below the strike.. for every hundred shares we collected $635. assuming the stock was not called away the following Monday I would select another strike about four 5% higher than the current price and I'd write it for either that Friday or the following Friday's expiration and collect a similar amount 678 depending upon the volatility of the stock on that given day or the prior days leading up to it so for a week up to two weeks because I keep them very short term I'm collecting between six and $800 on every 100 shares.. what this means is in roughly 2 weeks I recoup the losses of the stock today the drop in the stock.. so that's what I'm going to be commencing with because I believe this is sadly dead money in the near term arm typically does not announce contracts in between quarters and announce the overall productivity at the end of the quarter when financials come out.

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10baggerbammOP : so that's my game plan I am at a loss it sucks I'm pissed off but that's investing and I posted yesterday that the hedge would be the 95 puts and I took a screenshot and I showed everybody so hopefully some people had the foresight to follow through with my suggestion. because if you did you're going to have a very nice payday this morning as far as everybody else you have three choices old school if you will sell the stock hold the stock average down... I have just shown you what I'm going to be doing today in an effort to put some cash back into my account, lower my cost basis and bring my position back to parity where I am not at a loss of capital and once I reach that point of parody I now have a decision to make do I continue writing the calls which I've done before on other companies or do I just sell it and that is something that I will determine when I cross that road in the future. I hope this covered call approach helps those who find themselves in this predicament of a train wreck this morning

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