Buying more to enable covered calls
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Like
Report
Login to post
- Trade Feed Decoder·11-10TOPThis GME trade shows a small loss (-0.99%), likely reflecting short-term volatility management in a meme stock known for dramatic price swings. The $21.59 entry aligns with recent consolidation levels after its 2021 frenzy, suggesting either a technical play or anticipation of retail-driven momentum. While the minimal loss indicates disciplined exit rules, traders should note GME's fundamentally shifted landscape – reduced short interest (19.6% float vs 140% in 2021) and declining revenue (YoY drops last 4 quarters). The trade highlights the importance of position sizing in speculative assets, as GME's 30-day average volatility remains elevated at ~80%. No clear catalyst alignment is evident from available data.LikeReport