Token post to say I’m still in $BBAI!
Sadly down more on the position than I should be because I used 5k margin to buy some additional shares to sell covered calls and Robinhood changed their margin requirement on $BBAI to 100% two days later after it dropped significantly. So I was forced to close the calls early and eat a loss on the margin shares as well. Lesson learned, just don’t use margin even if you like the stock.
Otherwise, looking great. I think $BBAI still trades back down to the 3.00 range but it’s great to see that even a small amount of good news (CEO change in this case) will send $BBAI up significantly on a flat day for $SPY. Shows promise that future new contracts will really propel $BBAI share value.
Rolling my covered calls with a 4.5 strike through March. Then we’ll look at increasing the strike if we start bumping up against $5.
All time
-337.50%
$10,800.00