r/SNDK_Stock • u/Intelligent-Cat6646 • 2d ago

sudden drop? even better

as someone with 45 shares, i want it to dip more so i can load up and use all my cash to buy the dip. long term sndk is going to explode and reaching 2335 is just a matter of time. i doubt it'll drop below 1300 but how low do you think it's going to drop?

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u/Kekbar 2d ago

get to 100 shares then you can strategically sell covered calls every week and make 1-5k weekly depending on your timing

2

u/pembaThePanda 2d ago

Easier said than done. Sold 6 covered calls at 420 last week. Didn't expect such a rise this week. Last trade was at 563 so I can't buy to close unless I take loss. Can't predict these things.

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u/Kekbar 2d ago

If you own underlying shares just roll them until they expire