I don't announce trades often but...
SOUN- I'm looking for a 10-15 price target on SOUN it is currently under $8/share. So lets math this trade out. $800 for each set of 100 shares. If our target price is $10 that a 25% move. I would sell $10 covered calls on each lot of 100 shares 2 weeks out for expiration. Currently paying $.22/share or $22/contract. So that is a total of a 27.2% trade if it all works out in 2 weeks' time... Now if the price doesn't reach $10 or higher we are still making 2.2% in 2 weeks from the covered call. Most attempt to get 10%/year this a guaranteed 2.2% in 2 weeks. Guess what if the company price falls more, doesn't really matter, it's a great company at a great price. Just keep selling 10 covered calls until you eventually sell, even if that takes a year that almost 30% on the year, that's really good. This is investing JustJoey Style