On a retest of the $5.50 area and ONLY then buy a deep in the money 2022 $3 call be patient wait for the bounce back to $8 it won't take long and then start to sell OTM weekly calls against your position - it has the potential that you can own the calls you bought for ZERO after a year. As always this is not advice - Good luck.
Note
UP 15% Today and a GREAT trade Thus FarNote
This has been a GREAT trade - our deep in the money leap calls are UP OVER 110% - we plan to stay with them but some might want to take that 100%plus if you took this trade with us.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.