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re: VELO - Low Float turnaround opportunity

Posted on 5/13/26 at 7:34 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
25489 posts
Posted on 5/13/26 at 7:34 pm to
53.8% without the premium
59.9% with it.
I’d say that’s not too bad

I’d wheel it with all that juice available.
Posted by The Egg
Houston, TX
Member since Dec 2004
83827 posts
Posted on 6/11/26 at 10:23 am to
Hitting 30s now
Posted by bayoubengals88
LA
Member since Sep 2007
25489 posts
Posted on 6/11/26 at 10:27 am to
Maybe one of these days I’ll buy and actually hold it.
I think I had 200 shares that I sold at 16.90 two days ago
Posted by ynlvr
Rocket City
Member since Feb 2009
5592 posts
Posted on 6/11/26 at 11:07 am to
I’ll have half my position called out on July $25 covered calls ?? It’s been a good ride and I’ll still have 500 shares to hold.
Posted by RJSambola
Member since Jun 2012
411 posts
Posted on 6/11/26 at 1:31 pm to
Definitely should have closed my 6/18 $30 calls last week...
Posted by tigerfoot
Alexandria
Member since Sep 2006
61566 posts
Posted on 6/11/26 at 1:35 pm to
quote:

Maybe one of these days I’ll buy and actually hold it. I think I had 200 shares that I sold at 16.90 two days ago
sold Sept 25 calls yesterday. I feel ya.
Posted by bayoubengals88
LA
Member since Sep 2007
25489 posts
Posted on 7/1/26 at 1:04 pm to
No one wants it anymore.
Thats when you buy.

In for eight 12/19 $17.5 calls
Posted by Buddy the Tiger
Member since Nov 2018
154 posts
Posted on 7/1/26 at 1:33 pm to
I have been following your posts for awhile and trying to learn. When you make these decisions are you looking at Weekly or Monthly charts? I see that it seems to be riding that Weekly 21 EMA. Is that being taken as a good sign?
Posted by bayoubengals88
LA
Member since Sep 2007
25489 posts
Posted on 7/1/26 at 3:21 pm to
I’ve watched it enough to where I’m interested below $18.

But you’re spot on with the TA.
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