No. of Recommendations: 1
My plan is to keep raising limit orders as well as increasing the magnitude of each order, presupposing of course that this momentum rally continues…a big if……I can be ambivalent and indecisive at times. Who knows?….if it stalls out and swiftly goes back down, I may do nothing.
This is why I like selling calls instead of selling outright. I can pick my prices and dates, then if my sell price is reached by the date I chose, the sell will happen (the option will be exercised and I will be assigned). If the stock price goes down, and my price isn't reached by the date I chose, the option expires and I get to keep the premium ("do nothing").
