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Re: random stuff
infn update. I bought 1k shares yesterday to option and just now
sold 10 of the May 11 calls, 12 strike at 0.75. If it gets
called, I make 9% in 11 days. If not, I think downside is
limited right now as we head into 2nd half of year and overall 5g
rollout and I'll look for another chance to sell calls.
I also bought 500 CIEN yesterday so added ~1k at ~25.33 cost
average this week. Looking to option it out (Jun 1?) doing the
earnings play. If I pulled trigger right now on Jun 1 at 27
strike I'd make 10% in 1 month if they get called. Again, pretty
good! But I am waiting/hoping CIEN gets back to 26.5-27 range
and then maybe I can do same with 28 strike.
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