Here's a game we could all play:
Total Investment: $1,000.00
Underlying stock: AMC or PLUG
The Hard Rules:
1. Cannot own more than 500 shares at a time
2. Cannot pay more than $2.00 for a share (extreme situation for when the CSP's premium makes it worth it.)
How I will play the game:
1. Sell CSP's for income
2. "Scalp" the stock for income
3. Occasionally use some of the above income to Buy Calls if I see/feel un uptrend developing (follow the trend.)
4. I am not allowed to use any chart or any other tool. My only available information will be Current Price and the open position's floating P/L
For obvious reasons, the game could end in a few days just as much as it could last a decade