I Want to Discuss Strategy. And You MUST Read This Post. This Might be the Most Important Post I Make!!

Before this thing goes live, you need to have a plan in place. I’m not smart enough to think on my feet so I try to put my plans in place in advance. Let’s call it “Advanced Planning for Dummies”!

If this stock goes to $400, you need to know what you are going to do BEFORE it hits $400.

And believe me, I KNOW what your instinct will be…..

SELL, SELL, SELL, SELL, SELL!!!!!

But you do not need to sell, and you SHOULD NOT sell!!!!

If you own less than 100 shares and do not have the ability to write options, you will have to make that call and no one will blame you for selling. If you own more than 100 shares and you do not have the ability to trade options, call your Broker today and get set up!!!

For all of the rest of us (Option Traders), when this stock gets to YOUR top, if you think that it is going to stop and to go back down, instead of selling your shares, sell your Covered CALLS DEEP, DEEP, DEEP, DEEP, DEEP in the money…..and I mean DEEP!!!!!

If the stock is at $400 and you are still holding (and you should be), and if you think the stock is going to drop back down to $100, sell a $125 Covered CALL while we are at $400. If those options exist (and they should), you might make $250 - $300 on a Covered Call (and I’m talking DEEP, DEEP, DEEP in the money) and if the stock drops from $400 down to $100 you will get to hold 100% of your shares and absolutely CRUSH it on an Option trade while the stock is settling down, looking for a natural equilibrium.

If you don’t know where the top is, pick 2 - 3 “points” as the stock moves up ($100, $200, $300 etc.). At each one of those “points”, sell 1/4 – 1/3 of your Covered CALLS deep, deep, deep in the money at each of your “points”! But do not sell your shares!!! Once they are gone, they are gone. You will be feeding right into our Hedge Funds and that is what they WANT you to do. If everyone holds and not a single person sells, this thing might go to $1,000. If we want to see $1,000, we must hold like we want to see $1,000.

But we must all HODL!!!! Moissanite-Hands HODL (Go ahead….look it up.)

I want this squeeze to make GameStop look like some thug stepping out of a back alley and asking for your wallet!

And if we don’t all hold, I won’t make history (jk, I really couldn’t give a shit about that)…..but I do want to make an insane amount of money from this!

The key is to own as many shares as we can, and to hold onto every one of those shares. And a well-thought-out Covered CALL strategy might just make you the richest person you know (except me of course.)

When this thing goes live, it will be too late to devise your strategy.

Get your plan in place right now! Think through it and hash it out in the comments.

I don’t want to tell you how many shares I want to own when this thing is all over with, but I want to be filing a 13-G when the dust settles!!!! And I will NOT be selling!!!!!

Oh yeah…..and GO, GO, GO Wolfspeed!!!!