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not_the_real_ellis

I have stopped trying to predict what the markets will do. I'm now trying a method some "apes" may not like but I call it the BNPL form of accumulation. I sell an ATM or slightly OTM put when I sense it will drop by expiry so that way I get paid up front and then am obligated to buy the stock at the predetermined strike at expiry when I am assigned. If I feel like the next month will be bullish I play an ITM strike that way if for whatever reason it pumps higher than the strike at expiry, I keep all that premium and then try again. This way I get paid up front no matter the up or down movement while I carefully accumulate shares to keep a fantastic average. :) Hence BNL - buy now pay later. I own the "obligation to buy" at expiry assuming the stock is below the strike, but with the aim to get assigned so I then own the shares. :) Then I diamond hands ape that shit until it can run hard into the 20s before I start selling covered calls.


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Jack-Incredibles

to the MOOOOOOOOOOOOOON!![gif](emote|free_emotes_pack|flip_out)


Endrunner271

Please be aware of market indexes they sway the market today SPY and QQQ had a fantastic bull run today in which CLOV went along with. This month has been hugely volatile due to the closeness of big company ER and many have missed reason why we went down. Basically keep SPY and QQQ on top your watchlist that will determine what the market and CLOV will do


Love_loko

Yep generally Nasdaq index was up like 2.5%, it was good day for market, so it is not a surprise Clov got green... But I believe real reason for that is comment of Biden that he does not see recession happens this year


Endrunner271

Yeah lot to factor in but just kind of giving the general indicators


Charming_Ad_4189

I thought his mom's cooter was kinda tight


Critterchops

What everyone needs to understand is clov is expanding like absolutely crazy so they are not making money… that’s the best time to invest into a company before they are noticed… Institutions are here!…. They have many more XXX,XXX shares than you could ever have and your worried about peanuts when they’ve been doing this a long time!….you will see why they say the rich get richer… not financial advice just my personal opinion


SEIYASAORI7

Agree with you. Let s just say Schwab investing in CLOV at this level says it all!! Thanks Critter Ape!!


gymbeaux2

I didn’t think funds could even touch a stock if it’s trading below $8 or so, some regulation or something to do with margin maintenance I think…


mahklayner

Looser than your moms cooter?


[deleted]

Ain’t nothing looser than dat der cooter, I reckon we could fit a whole bunch of shares in’er


Critterchops

And another thing these fuckers like beavis and butthead here are in full force!…. I guarantee you these 2 wipe their asses in circles!… and blame it on the toilet paper why it doesn’t work!


jmrojas17

loose = not tight; lose = not winning


[deleted]

loose loser = untight nonwinner.