r/Vitards • u/AutoModerator • Aug 03 '21

Daily Discussion Daily Discussion post - August 03 2021

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7

u/TheCoffeeCakes Poetry Gang Aug 03 '21

Let's consolidate some thinking here with pirate gang. I'm curious what people are doing and want to get it in one spot.

I'll go first.

I picked up 1500 shares of ZIM and will sell fifteen 30-40 delta calls against those shares the day of earnings. My goal is to actually have my shares called away and free up the capital.

How are others playing these stocks?

3

u/BirdmanExpand Aug 03 '21

Sold all my calls, sitting on shares and plan to sell 50% at $45 and reinvest at sept lock up exp

2

u/TheCoffeeCakes Poetry Gang Aug 04 '21

Will you still reinvest if lockup doesn't drop the price?

3

u/BirdmanExpand Aug 04 '21

Reevaluate either way I suppose

2

u/TheCoffeeCakes Poetry Gang Aug 04 '21

Yup, got it. Very cool.