I’ll be watching MARA RIOT CVNA on Monday for a buy opportunity. I like CVNA when it gets under $9 so will get some on Monday to sell the calls when the price rises back up into the mid nine range. I may buy some MARA to hold because of the rise in bitcoin ( or MARA). I’ve been selling calls on GPS out of my portfolio.
The MARA I bought Wed for $10.15 got called out at $11 so I did make that 10% profit less commissions/taxes…doc
Here are the top covered calls in the $3 to $15 range per optiondash search engine. I would avoid the ones with red earnings coming this week. I would also avoid the banking stocks due to risk of failing…doc
Todays covered calls that expire today Cinco de Mayo from Optiondash website. I’ve been selling covered calls on MARA (yesterday I sold the strike 11). CVNA has been stable and I had a position in it. Riot has been paralleling MARA. LYFT, CVNA and AMC have the highest return if called out this weekend…doc
Some nice premiums for this Friday. I would avoid the financial institutions and one coming out with quarterly earnings. UPST has an excellent call premium for just 3 days. I would avoid Beyond Meat with earnings coming up and I expect them to miss because who eats fake meat? Do your due diligence…doc
Here’s the top covered calls from this morning that expire today under $25 stock from optiondash website. If a person does one trade a week and buys a conservative stock with a 1% premium on (selling) the call, one could theoretically make 52% a year. Imagine if you were writing 2% call premiums. The stocks with the higher call premiums can also be higher risk for a stock price drop in my own experience so don’t be greedy is my suggestion…doc
These are the top options premiums expiring this Friday May 19 in the $3 to $20 strike . Personally I try to avoid segments like financials that are in trouble, earnings/announcements this week, lawsuit stocks so do your due diligence. I would go right to that Intercept Pharm and look it over carefully. RIOT is in this top list every week as is MARA (missing). Stone Co might be a good one. Nano X has a really good reward if it gets called out. WW is weight watchers and is usually in this list. CVNA has been here every week and I’ve lost some money on it when it climbs up to the top of its trading range like it is now. IMHO and do your research before doing any buy writes. Remember UPST from last week…doc
Here’s the latest optiondash screen for stocks $2 to $20 that expire this Friday day after tomorrow. I avoid the ones that have earnings coming out this week because its a guess how they are going to do (indicated with a red date). Optiondash is free and I am not affiliated with them in any way fyi…doc