or you get creamed again, still time to sell a covered call at 40.
how do you sell cover calls? is it sell to open 40 may calls? I own RMBS at 41
"still time to sell a covered call at 40. "And lose your stock for $40???No thank you. I'll sell some at $150.
you have all the RMBS tech strat right, you have no idea how to make money on this stock if it tanks or there is a short bomb like Thursday.If you'd sold those 45's I did two weeks ago for $7.8 and rebought them back for a dollar last Thursday like I did, you'd know why I set the bar with a sold $40.Sell a $45 for four and a half bucks, this thing will not sail above fifty, it is too heavily laden with sellers who are daytraders who didn't get stopped out Thursday.Make it on the wind up for the pitch.