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I had a long standing SL on STM

On a spike a while back I sold the $29 calls against my position. They were up ie fell in value by 40% so I bought them back. Stoc was at 28.40 - the $29 Call I sold short was at 2.41

The whole space is on fire these days so was waiting for dip to buy my 3rd leg of the stool back.

This was the old trade

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Mich

Who else is riding asst down to 0 with me lol. So glad I bought 5k worth at $3.80c

GloMa

What is STM?

Giuliano

They’re a company with the locations and France, Silicon Valley, and Sicily and they make parts for Starlink

Chewie

I am trying focus on fewer now and also diversify away from Tech heavy which mine is Considering PayPal and Amazon recently haha

Wer Weiss

Thank you, but no thank you

🦧 MARTINO-BIANCO 🦧

I’ve been looking to re-nter this stock too but why now? My rudimentary chart knowledge says no. Daily SRSI says no, upward optimised trend thinning, only just above ATR level 3, no buy signal since Sep 15th. Some more rational would be helpful for us please James.

Z

James is not buying STM he is closing out a previous trade he already made on STM. He closed out (Buy to close) a covered call he had previously made awhile back

Nordle

these alerts are too complex for me

S D

$ASST exploding 🚀

Sol Hodlman

Do you always buy back your sold options, or just let them expire worthless if they stay OTM?

Charles T

New here. What does SL refer to please ?