$MARA is going to struggle to stay above $40. Look for a move into the upper $30s.
2
1
2
@dennismccain been learning a lot from you. Thank you for your insights! Sold $38 covered calls for $MARA this week at a nice premium and hoping to keep the shares. It’s a positive trade either way. Its really nice to have this less emotional approach to whether the shares get called or not.
@hardh2 You’re more than welcome. And don’t worry if you happen to lose your shares. Just sell ITM Puts next week and you’ll most likely get them back. If you keep doing that over and over you’ll end up in a couple of months owning shares you bought with other people’s money. This is about building net worth over time with whatever strategy works for you. Congratulations!