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Posted

Well it will be interesting to see whee PLTR ends the week.  Closed at nearly $124 before earnings, now bouncing below $114.  My covered calls exercise at $108 and $115 Friday.  And I would like to keep those shares committed at $115 to sell calls again on again, but if they disappear I won't cry.  Sort of interesting that PLTR and NVDA now have nearly identical share pricesi

So any of you guys trimming your SPY positions after that nice run up?  Or or you staying pat long?  I am thinking of taking a little bite shorting for June, the longest upward run (that I did not fundamentally understand) in US history.  Or that was yesterdays plan before my day went to shit.  

Posted
4 minutes ago, horn4life said:

Well it will be interesting to see whee PLTR ends the week.  Closed at nearly $124 before earnings, now bouncing below $114.  My covered calls exercise at $108 and $115 Friday.  And I would like to keep those shares committed at $115 to sell calls again on again, but if they disappear I won't cry.  Sort of interesting that PLTR and NVDA now have nearly identical share pricesi

So any of you guys trimming your SPY positions after that nice run up?  Or or you staying pat long?  I am thinking of taking a little bite shorting for June, the longest upward run (that I did not fundamentally understand) in US history.  Or that was yesterdays plan before my day went to shit.  

I sold a little SPY Friday.  About 5%.  Just went to cash with it for the time being. 

  • Hook 'Em 2
Posted
22 minutes ago, horn4life said:

 

So any of you guys trimming your SPY positions after that nice run up?  Or or you staying pat long? 

You just want me to say, so you can take the other side. Amirite?

  • Haha 1
Posted
7 minutes ago, Wally Fairway said:

You just want me to say, so you can take the other side. Amirite?

Yesterday I would have been smarter. But any sort of record move in anything, sort of says you should trim a bit, yes?  

 

And a few folks are starting to pull guidance...

 

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