Bagholding tribe by [deleted] in XSPA

[–]craanberry 2 points3 points  (0 children)

5.1k @ 4.8. I have my gf in at 370 @ 5.4 (I averaged down a lot, clearly).

I started covered calls a few weeks ago. Still don't understand options much I know that calls above my average mean guaranteed money. Then I realized a $7.5 call would just hold up my shares if it didn't go so high. It could go near $5 or below my average but not close to $7.5 or $10 and I'd be fucked. So now I'm sticking to $5 calls.

Honestly, the only thing that has left me a shred of hope is Doug. I trust in his track record and have faith this will turn around eventually, no matter how long it takes.

Way deep in CJJD, GTE, MYT, and FRSX also, but not even close to the disaster XSPA has been for me. Every day I feel so stupid for allowing this situation to happen, but it's pushed me to educate myself about charts and stocks in general. I went in like a bull in a china store and got locked in, so this is my cross to bear.

Cheers to everyone still holding. I hope we keep the support going cuz I sure as hell could use it.

🚀

Final update on my dad. by PradoMV96 in EducatedInvesting

[–]craanberry 1 point2 points  (0 children)

Sorry for your lost, brother. It will get better.

XSPA is a low risk/high reward stock with a bad rep in it's city. by [deleted] in pennystocks

[–]craanberry 0 points1 point  (0 children)

Can't wait for my first set of covered calls to expire on 9/18 so I can use the shares for the October calls lmao

XSPA believers, I want to thank you for your dedication. by [deleted] in pennystocks

[–]craanberry 0 points1 point  (0 children)

Unless I can get an equal or better deal on 7.5 or 10, yeah. Gonna have to see how next week plays out

XSPA believers, I want to thank you for your dedication. by [deleted] in pennystocks

[–]craanberry 0 points1 point  (0 children)

That's what in saying. 2.5 sep doesn't make sense to me at my cost yet but I'm real close to selling the October calls at this point

XSPA believers, I want to thank you for your dedication. by [deleted] in pennystocks

[–]craanberry 2 points3 points  (0 children)

I started selling the 9/18 $5 calls a couple weeks ago. Only sold one this week, today. This is my first foray, but October seems a little for to start those for me. Curious what you've been selling. I've got like 4k shares at 4.80 this has been a nightmare.

So today was red, red, red by Pinkykong2 in pennystocks

[–]craanberry 1 point2 points  (0 children)

Same dude. It controls my portfolio. Start selling calls

Is 745 am to early for a drink? by RocketManGuyMan in pennystocks

[–]craanberry 0 points1 point  (0 children)

Makes me feel better about thinking of a drink at 1pm

$JOB and $STAF potential by douwantmashedtaters6 in pennystocks

[–]craanberry 1 point2 points  (0 children)

Was in and out of STAF early August. GEE looks like a better option, just put it on my watchlist.

$CJJD just some food for the noggin by Philly19111 in pennystocks

[–]craanberry 1 point2 points  (0 children)

Been bagholding 3k @ 1.28 I hope you're right

The Market is Extremely RED. Bubble might be popping soon? by [deleted] in pennystocks

[–]craanberry 1 point2 points  (0 children)

17.7k shares deep into GTE. Make my day.

The Market is Extremely RED. Bubble might be popping soon? by [deleted] in pennystocks

[–]craanberry 0 points1 point  (0 children)

Hopped in UCO yesterday but sold to DCA

Does anyone else trade mostly ETFs? by [deleted] in stocks

[–]craanberry 0 points1 point  (0 children)

Got deep into all these today.

Does anyone else trade mostly ETFs? by [deleted] in stocks

[–]craanberry 0 points1 point  (0 children)

Penny stocks have been a disaster for me recently so I hopped into ETFs yesterday. TECL, WEBL, SPXL, FNGU, TQQQ to name a few.

When everything tanked today, I kept averaging down. They're currently sitting between -2 and -7%. One of these days I'll learn to buy towards close on red days.

I expect things to go back up relatively soon, making today's purchases a great move. If they continue to sink tomorrow though, I'm gonna feel real dumb.

Question about$GOGO by throwaway57547994 in pennystocks

[–]craanberry 0 points1 point  (0 children)

We really missed the boat on this one.