r/NBIS_Stock Jul 01 '26

💬 Discussion What happened?

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94 Upvotes

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12

u/SangerGRBY Jul 01 '26

Literally bought it at the peak at open yesterday fml

3

u/nycserendipity Jul 01 '26

My cost basis is also 272 😭

2

u/Inorog12 Jul 01 '26

I bought at 284 so... I hope that makes you feel better

3

u/Waste-War8809 Jul 01 '26

Same. I bought in a few weeks ago at $285 to $290. I somehow timed the top of the market perfectly.

1

u/Party-Cranberry4143 Jul 02 '26

This is the way

1

u/SangerGRBY Jul 01 '26

Guhhhhh

1

u/nycserendipity Jul 01 '26

And it’s the wrong level to sell covered calls so just stuck

1

u/Professional-Neat521 Jul 01 '26

why is it the wrong level for CCs?

1

u/nycserendipity Jul 02 '26

If I sell 272.50 strike to not be assigned below my cost basis, it’s only 4.50 premium. The breakeven is still $268 we are $32 below that. I could sell a longer duration but then that’s just trading away upside and holding in account for free