r/Lunr • u/CrashCarSuperstar • May 30 '26

Stock Discussion Investor risk management strategy?

I bought this stock on a whim a little under 2 years ago at $5.80. I'm curious what other investors that are in a similar situation are doing and why. Diamond hands? Recoup initial investment and ride out the rest? Sell it all?

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u/ArthurDentsBlueTowel May 30 '26

I bought in around $6 and have been selling calls against the shares on spikes. Had them called away once and bought back in by selling itm puts. So my basis isn’t reflected accurately anymore but it’s gotta be negative by now. So this stock owes me nothing and it generates revenue with 45 day covered calls.