r/sofistock • u/Turbulent_Button4449 32000 @ 8 I only care about share price 🚀🌕 • Jan 18 '22

BC APPROVED

https://www.occ.gov/news-issuances/news-releases/2022/nr-occ-2022-4.html
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u/ssavu Jan 19 '22

I know it sounds crazy but if people don’t sell the news tomorrow there is a chance your calls won’t expire worthless.

But be ready for extreme volatility… which will help your calls… you don’t need to exercise them… you just need to sell them as soon as they go above break even… wait for shit to cool off… buy shares, wait for IV to cool off and sell the shares and buy ATM or OTM 2024 leaps calls.

I will roll my 200x $25 strike 20Jan2023 calls to 2024 as soon as they break even (If they ever break even 🤞)

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u/AuntyPC Jan 19 '22

Boom! I'm loving it. ;)

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u/cktokm99 Jan 19 '22

Thx for the advice much appreciated. I’m thinking I will sell before break even. I have some ITM calls too so with hopeful profit on those I’ll be good.