Trading Tuesday - SOC It to Me!
Image by @bitterirony using ChatGPT
Last week’s trade selling covered calls on $LUNR left our hero out of the money at market close on Friday but the stock recovered sufficiently on Monday to sell at the original strike price thereby generating a little additional profit to add to the call premium. 🎉
This week’s trade set up nicely with a healthy premium paid for calls on $SOC. I‘ll be watching closely to see if I need to invest in a put or buy out the call contracts but fingers crossed we stay in the money all week! 🤞
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