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Old 07-03-2024, 02:33 PM   #13810
scho63 scho63 is offline
Politically Incorrect
 
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Join Date: Feb 2009
Location: Scottsdale, AZ
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Quote:
Originally Posted by Rain Man View Post
I'm really good.

I got my wife on board to start selling a little NVDA. We wandered into that gold mine and have made a fortune on it, but I worry that one bad quarter will cost us a lot of money. When it comes back up from this little recent dip we're going to sell 10 percent or so.
A good strategy when you are hesitant to sell is write covered calls.

You take in big premiums to hedge downside, you must sell if the stock rises and you get called
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