May 22 • Long trade idea, No day trades
SOUN trade update
I have 2450 shares of SOUN
I sold 5 CC's (covered calls) expiring next Friday May 29th so 1 week. Made $80.
Most of these shares were bought around $8 or under. I will make about 10-15% on those shares.
I will hold the remaining 1950 shares and I currently don't plan to sell until 12-17/share.
I won't be selling covered calls on those remaining shares incase price moves quickly. This will give me more control. CC's will lock your shares until expiration this is why you get paid to do them.
I do plan to sell CC again once price moves higher if it makes sense, I will sell ATM or ITM covered calls for increased or I will just sell shares once I like the price/chart.
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SOUN trade update
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