Time for an Audible: 4 New Portfolio Moves as Market Sells Off
We’re canceling an earlier ‘intention,’ and raising cash from one position to deploy it in two others.
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OK, change of plans.
In light of today’s market, we intend to make the following new “emergency” moves on Thursday with the $10,000 Portfolio.
Cancel…
The order to Sell (write) one (covered) Planet Labs (PL) Dec 18th call at $0.80 or better. I never gave you the strike price (which was $15) anyway.
New Orders
First
– Sell 110 shares of PL at or close to the last sale of $11.30 (we need the cash).
Then
– Purchase 25 shares of SoFi Technologies (SOFI) at or close to the last sale of $15.80.
– Purchase 6 shares of Rocket Lab (RKLB) at or close to the last sale of $46.10.
At the time of publication, Guilfoyle was long PL, SOFI and RKLB.
