this is about 1 month away from a golden cross and in that magic place of no resistance with regards to volume shelves
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This call option play has been good to me.
There are no bag/holders or selling pressure until around $6.36
March 19 $6 strike cost $25. I started collecting $5 strike for $25 each back in september and am currently up 300%. I will be adding $5 strike call options if it takes a dip and will add a few $6 strikes since price / share needs to be $6.25 to start making money and there is little resistance up to $6.36. Its not a lot of $ / option but its a cheap way to stack on some gains if you stack on the number of options you purchase. Good luck to all
better not bitter
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There are no bag/holders or selling pressure until around $6.36
March 19 $6 strike cost $25. I started collecting $5 strike for $25 each back in september and am currently up 300%. I will be adding $5 strike call options if it takes a dip and will add a few $6 strikes since price / share needs to be $6.25 to start making money and there is little resistance up to $6.36. Its not a lot of $ / option but its a cheap way to stack on some gains if you stack on the number of options you purchase. Good luck to all