This is how I have been playing this stock:
Put in limit order for far less than the bottom of the spread.
For example, if bid is $5.50 and ask is $6.00, I put in limit at $4.80 or less.
If it fills, great, if not, no big deal
It filled for the $65 strike on 3 times over the past 2 weeks.
I set a limit sell right away to whatever the buy price + $3.00 and then adjust as the day goes on. This allowed me to book $603 in the last 2 weeks.
Small repeatable gains are working on this stock and on BEAM.
Put in limit order for far less than the bottom of the spread.
For example, if bid is $5.50 and ask is $6.00, I put in limit at $4.80 or less.
If it fills, great, if not, no big deal
It filled for the $65 strike on 3 times over the past 2 weeks.
I set a limit sell right away to whatever the buy price + $3.00 and then adjust as the day goes on. This allowed me to book $603 in the last 2 weeks.
Small repeatable gains are working on this stock and on BEAM.
better not bitter
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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.
better not bitter
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.