March 12th, 2020

2009

GUSH - day 4

GUSH fell 25.50% today - down to $0.54/share
I bought 8077 GUSH shares at $.5143/share

I plan to start selling GUSH CALL options (with under 1 month expiration date) when GUSH will reach ~4x from the bottom [whatever that bottom will be].
For example, if GUSH will fall down to $0.30 in the next several days, then I will start selling GUSH CALL options when GUSH will come back up to $1.2

GUSH also plans reverse split on March 23, 2020 (40 shares will be exchanged to 1).
That will make selling options more convenient.

Do I sound like a crazy gambler to you?

Originally posted at: https://dennisgorelik.dreamwidth.org/183636.html