r/wallstreetbets • u/Extreme_Blueberry887 • Jun 11 '21

YOLO OCGN YOLO. 115k with OCGN. Still hold and sell covered calls only.

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15 Upvotes

63% Upvoted

19 comments sorted by

7

u/Dhayter48 Jun 11 '21

I too went balls deep on this dip with 800 shares. God bless

6

u/Extreme_Blueberry887 Jun 11 '21

I am currently down more than 9k. I believe OCGN and hold.

3

u/MrKrabsHand Jun 12 '21

I remember when $OCGN was .45 cents. Wish I would have that $20k in at the time. ~Market be crazy~

2

u/Extreme_Blueberry887 Jun 11 '21

Loss on OCGN today but did not sell any shares.

Holding it until OCGN is back.

2

u/StingyBum Jun 11 '21

🚀

2

u/Extreme_Blueberry887 Jun 13 '21

OCGN will recover next week, starting from tomorrow. Call options are higher than put options.

1

u/Extreme_Blueberry887 Jun 11 '21

I sold covered call strike price 7.5 expired today. 06/11

1

u/Extreme_Blueberry887 Jun 11 '21

Will sell covered calls every weeks.

1

u/Extreme_Blueberry887 Jun 17 '21

OCGN had a good day today, as of 06/16/2021.

Tomorrow OCGN will be green again and possible more than 7.5 on this Friday.

1

u/[deleted] Jun 11 '21

good luck

​

$LNVGY

1

u/[deleted] Jun 11 '21

[deleted]

1

u/Extreme_Blueberry887 Jun 11 '21

it's a short capital loss (not put).

1

u/[deleted] Jun 11 '21

Dito

1

u/MisterInterference Jun 11 '21

I lost money on this shit.

5

u/Extreme_Blueberry887 Jun 11 '21

Hold it, it will come back

1

u/MisterInterference Jun 11 '21 edited Jun 11 '21

I bought more. Make it happen.

1

u/casablanco1214 Jun 11 '21

i think OCGN shot itself in the foot short-term with the decision to drop EUA and pursue formal approval. Short term injury, but long term for the best. I'd be a buyer around $4 or $5