“My SpaceX Trade Dropped 40%—And I’m Still Profitable”
SPCE is a company worth owning long-term; despite a 40% drop from entry, the covered call strategy keeps the position profitable.
Hey everybody, this is just a quick update, a Space X update, and it's more going to be on the math. So, if you're not a math wonk, you can just jump off right now, but this is going to go through the beginning of the trade all the way to now for the last uh 50 days or so.
Um, let's start with the looking at the chart and I'll just kind of walk through the chart. I uh obviously knew there was a risk that we're going to drop after the IPO, after it went up after the IPO, and I made a video about that before the IPO, but nonetheless, I want to own this company.