I continue to hold my core stock position. I've closed out my options (monthly, April20) and now I'm concerned I closed them out too soon. I think I wanted to make things easier because I have the flu in spite of getting the vaccine. I will add more puts, but maybe not today. I'm not touching my core short position in CRM. It needs to shed another 100 points (based on pre-split price) before I consider exiting my core stock position.
joe I think you have been smart to buy short term calls. I would not touch weeklies but if it's worked for you great.
The momos may be starting to turn over, NFLX which isn't even fair to compare to this since that gapped up hugely on 1/24 is starting to $hit the bed this AM. Paul Bunyan is beginning to warm up his ax and as a far out put owner there from the 180's up I am fairly happy.
Be careful the short term tide could be turning on these momos. Again NFLX is an extreme case but if this breaks 169, the 200DMA could be in play which looks like $155ish.