Had puts on this and exited when I saw pivot. Decided to buy calls with intention of swinging it since buyers came in late in the day. Unfortunately set a limit order to sell and left my computer. Executed before larger run up.
Entry comments: Buying this on a recommendation for selling a put option and it was assigned on Feb, 5th '24. I only had 1 contract, then a a few dividends, and I kept trying to average down and so that I could at least break even and it kept going down. I kept thinking this was going to go up, but it went down. I know they have had some trouble due to weather and hurricanes, and such, so I will hold.
Exit comments: I have been holding and holding an entire year and nothing has happened with this stock. I sold a few shares here and there because I was in need of capital and this was doing nothing. More dividends were paid so I averaged those into the profit and loss. There was a small uptick in this stock and so I finally sold. Ugh what a relief to be out from under this stock. Now, watch it go up. It was high $27's as I write this. Big loss. Will I ever learn.
Wheel Strategy - rolled this down to avoid assignment. This cost will be paid for in the next trade of this roll.
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