Stock is in support/buy zone. There is resistance at 35ish. There is also a crossing over of the 100 SMA with 50 SMA meaning there is bearish sentiment.
Right now I would play this by selling put options around the support/resistance line. I would not mind being assigned the shares. The company is legit as it has many of the top exe from tesla and other companies. IF assigned the shares I would begin to sell covered calls on the stock
My own DD - Do your own and use your own intuition. I am not a financial advisor nor is this advice
Right now I would play this by selling put options around the support/resistance line. I would not mind being assigned the shares. The company is legit as it has many of the top exe from tesla and other companies. IF assigned the shares I would begin to sell covered calls on the stock
My own DD - Do your own and use your own intuition. I am not a financial advisor nor is this advice