20 Miles West of Indianapolis Indiana | first of all, ive gotten crazy lucky here to be on the right side of this deal. so i don't think this is normal. but this reddit run up has hit me thankfully.
i bought some Nokia (NOK) calls a couple months ago when they were talking about getting big into this 5G movement. they have an expiration of June.
what can i do to protect the profit and capture any crazy upward movement that may happen here with these Trader Rebels?
can i buy puts that will pay off if it tumbles back down? that the price i pay for the put is my "insurance". What happens if i sell a call? if it sky rockets up what happens on it?
thought i knew things about things then this happens and i'm uncertain on how to handle it. I did sell enough already to cover my initial cost....
appreciate any thoughts. |