BUYING A STOCK AND MAKING OVER 25% BACK by January th.

[cgarn]

How many shares do u have? To sell u need 100 minimum

I don't have any DKNG Was in and out of it. Looking at getting back in.

FUBO I have 2,000. Originally had 3,000 but sold at $27 and got back in at $25

 

[METFAN]

cgarn i will answer u this evening..

Just sold 10 MARA Jan 15 calls for $1 and Jan 15 $4 strike puts for $.30. That reduces my basis by 1.30 on a inexpensive stock.

 

[METFAN]

Draft king you will have to pay $5060 to own 100 share
ou can sell $60 Jan 2021 calls for $1.50. That is only 3.3%..of course if it hits $60 you are good.
The $40 puts will get u $70 but you will tie up
$4000/option

in my opinion better and less risky choice esp if college hoops craps out.

 

[cgarn]

Draft king you will have to pay $5060 to own 100 share
ou can sell $60 Jan 2021 calls for $1.50. That is only 3.3%..of course if it hits $60 you are good.
The $40 puts will get u $70 but you will tie up
$4000/option

in my opinion better and less risky choice esp if college hoops craps out.

Interesting. I understand what you are talking about.

I use to dab in options in the past but dont really buy them anymore.

I will follow some of your stock tips going forward.

 

[METFAN]

Really have no knowledge of FUBO, but it looks like it has been solid and it has a good rating.. If you are NOT concerned with an immediate Price drop, and have 2000 shares,

I would sell to open 10 January 2021 $30 strike for not less than $3=$3000 and the other 10 for either Jan $35 strike = $1.85 or feb $35 for $3.45.

If the former you are getting $4850 for holding $50k in shares for 1 months time ,a nice 9.7% return.. And assuming no drastic price difference you can do that every single month..again the main issue being a drastic price drop but you can always buy back the options at a discounted price if there is a drop and sell the stock off.

Hope that helps

 

[METFAN]

Thank you for bringing my attention to FUBO Cgarn
I waited too long and bought in at $30 then I sold the Jan $50 calls for .$86..

thank you for sharing

OH CANADA