I’ve swung this exact contract setup about five times over the last 6-8 months, and it’s been nothing but money 💸 Anytime $SOFI dips under my ~$15 cost basis, I LOCK TF in. That level is a brick wall of support, and when the RSI drops under 30, it’s becoming oversold. I’m already super comfortable with my core equity position, though, so I’m not trying to constantly DCA and overload my port. Instead, I throw on longer-dated, ITM calls for some cheap leverage to ride the bounce. If we get that violent relief rally right out of the gate? I lock in gains and take my money to the bank. If it decides to chop around for a few weeks, even months first? No stress.. it’s always long-dated (takes the worry out of things), so I can just sit on my hands and let the trade play out without getting eaten alive by theta. Locked this one in this morning, purchased July 31 @$2.65 exp. January 15 ‘27. EZ MONEY 💪
560 views
0 Comments
Join the conversation with 500,000+ other investors 💸
Create an account to get access to everything Blossom has to offer!
📊 Personalized algorithm based on your investing style, experience level and interests
📈 Powerful portfolio and dividend tracking tools
👀 See what top creators and others in the community are investing in