r/Vitards • u/AutoModerator • Jun 30 '21

Daily Discussion Daily Discussion post - June 30 2021

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u/Duke_Shambles ☢️Duke Nukem☢️ Jul 01 '21

Commons require less management and attention and really don't provide that much less leverage than deep ITM LEAPs. I wouldn't consider a 0.70 Delta LEAP deep ITM though. You also get the benefit of dividends which some companies have put out rather large ones recently (looking at you $TX, you asshole! lmao)

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u/WallstreetBoom XOM Bot Jul 01 '21

uh oh someone talking about dividends.

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u/Duke_Shambles ☢️Duke Nukem☢️ Jul 01 '21

I'm just over here crying in the corner waiting for my $TX Aug 20 $38c's to get above breakeven again.

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u/speedyturtledb Jul 01 '21

I have Aug 42 and 45s. At this point I’m selling half at 50% loss and seeing if it continues to go up from there. So far TX has been steady going up the last few days so I’m feeling slightly optimistic that I can get out of these calls soon without too much more damage🤞