@Apex_KJ Here are the steps I followed,

Sell covered calls at the farthest available expiry date at the highest available strike price and collect premium.

Use the premium to buy more shares and repeat step 1 until not enough premium to buy shares.
@Apex_KJ If the stock price inches close to the strike price (worst case), buy back the covered calls and do Step 1 & 2 (rollover) & collect premium again to offset the loss.
@Apex_KJ If the stock price inches never gets close to the strike price (goes down, stays flat, or stays range-bound), then you have more shares than you started with and then there is no need to do anything.

Repeat steps 1 & 2.
@Apex_KJ Buy Puts as insurance against Black Swans.
@Apex_KJ Also, if the stock tanks then buy back the covered calls at ~10% of the cost price so that when it shoots back up, you can again repeat steps 1 & 2.

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More from @AlternateJones

18 Dec 20
Full disclosure: at around 12 PM tomorrow Pacific time I will be placing a market order to sell all my shares at $20,000 each. I might never get this chance for the next 10 years!
Limit order I mean.
If the order gets executed (which obviously has a near zero probability), then I will obviously buy it back in the following weeks once it returns to sanity.
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16 Dec 20
It’s gorgeous! Image
Noice cancellation is superb!
Sound quality is sick!
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14 Sep 20
We are now waiting for either of the following two possibilities:

1. A SpaceX funding round in which Forge is an intermediary.

2. Elon noticing this thread and allowing our LLC to invest directly (moonshot)
Sample LLC docs were emailed out to all investors today. Please check your inbox!
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2 Aug 20
If you are interested in buying SpaceX shares in their next funding round *and* you have investments/cash of *atleast* $1M, please respond if you are interested in partnering with me in creating a company exclusively for buying SpaceX shares. Please help spread the word🙏🏻 Image
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Since SpaceX is a private company, shares in the company can only be acquired through intermediaries (such as forgeglobal.com) during a funding round.
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