07-03-2021, 06:03 AM
Did I buy the dip or did I buy on a ledge just before falling off a cliff?
<!-- SC_OFF --><div class="md"><p>I have been waiting to buy WISH and FUBO so that I can sell CCs on them. Call options have such a huge premium I can turn about 10 - 20% per month even if the stock stays flat. </p> <p>So, Wednesday, I went all-in purchasing about $50K for each, thinking I was buying the dip. Now I think I might have bought on the ledge as the stocks begin sliding off a cliff. </p> <p>Both FUBO and WISH have tremendously bullish analysis from so many sources, ie SA Premium, MotleyFool Premium, and TDAmeritrade (not to mention the Reddit community), I was feeling confident about the long-term outlook of these stocks. But maybe I'm wrong. </p> <p>How do you know when the analysis is wrong? I'm thinking I just need to be patient, but I'm also curious to know where I go for a deeper dive? How do you do your analysis?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Henpen9699"> /u/Henpen9699 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/ockp2e/did_i_buy_the_dip_or_did_i_buy_on_a_ledge_just/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/ockp2e/did_i_buy_the_dip_or_did_i_buy_on_a_ledge_just/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I have been waiting to buy WISH and FUBO so that I can sell CCs on them. Call options have such a huge premium I can turn about 10 - 20% per month even if the stock stays flat. </p> <p>So, Wednesday, I went all-in purchasing about $50K for each, thinking I was buying the dip. Now I think I might have bought on the ledge as the stocks begin sliding off a cliff. </p> <p>Both FUBO and WISH have tremendously bullish analysis from so many sources, ie SA Premium, MotleyFool Premium, and TDAmeritrade (not to mention the Reddit community), I was feeling confident about the long-term outlook of these stocks. But maybe I'm wrong. </p> <p>How do you know when the analysis is wrong? I'm thinking I just need to be patient, but I'm also curious to know where I go for a deeper dive? How do you do your analysis?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Henpen9699"> /u/Henpen9699 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/ockp2e/did_i_buy_the_dip_or_did_i_buy_on_a_ledge_just/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/ockp2e/did_i_buy_the_dip_or_did_i_buy_on_a_ledge_just/">[comments]</a></span>Kind Regards R