Always Sell Option to collect premium. If it really went down to $7.5 then I will be forcedto buy more stocks at $7.5 to DCA. Both ways are a win-win situation.
I believe it will bottom to $80-$90 by mid-end 2023 before it will fly to the moon again base on The Elliott Wave Theory. Thought I really don't wish it to go down side as it will also other EV stocks which I'm holding (NIO) [Happy]
The Federal Reserve (Fed) sets monetary policy, including interest rates, to support its dual mandate of maximum employment and stable prices. The timing of a potential pause in rate hikes will depend on a range of economic and financial conditions, including inflation, employment, and economic growth. It is important to note that the Fed operates independently and its decisions on interest rates are based on its assessment of the current and expected economic conditions, and are not influenced by outside factors. As such, it is not possible to predict with certainty when the Fed may pause its rate hikes. However, I hope it will pause or even reducethe rate by Mid June 2023.
$SEA LTD(SE)$ Anyone find the "Diluted Cost" misleading?I purchased stock at $89.80. But because the same day I did sell SE stocks and it count that in and "average cost" together and will show a positive winning of $28.37 but in fact I will make a loss if I were to sell the stocks.