GILD is soooo frustrating ..... :(
I don't know what's the deal with GILD and it's driving me crazy
- the price keeps teasing my breakeven :) -- only to bounce back down
- i was finally getting optimistic, thinking the curse have been lifted.. (see linked post) - not so sure now
- the sentiment went back into negative territory, so did the short term momentum (check the UTO indicator)
- Buy/Sell is in the "supply" zone (V.Viewer) -- or rather neutral with "no conviction"? -- we're in limbo mode with GILD for so long now.
i wanted to try and sell some Covered Call against my long position into the earnings, and leverage the (earning's) volatility to improve my BE - i can't even get a good price to sell at a strike equal to or slightly above my BE .... also volatility is so low for "earning times" - so no room to have a good play there.. Grrrrr!!!
should i give it more time or just give up on it ? and close it at a loss .. now i see couple of good recent moves in what seems to be attempts to finally bottom and break up - but it's just taking tooo long !
any thoughts from GILD experts?
- the price keeps teasing my breakeven :) -- only to bounce back down
- i was finally getting optimistic, thinking the curse have been lifted.. (see linked post) - not so sure now
- the sentiment went back into negative territory, so did the short term momentum (check the UTO indicator)
- Buy/Sell is in the "supply" zone (V.Viewer) -- or rather neutral with "no conviction"? -- we're in limbo mode with GILD for so long now.
i wanted to try and sell some Covered Call against my long position into the earnings, and leverage the (earning's) volatility to improve my BE - i can't even get a good price to sell at a strike equal to or slightly above my BE .... also volatility is so low for "earning times" - so no room to have a good play there.. Grrrrr!!!
should i give it more time or just give up on it ? and close it at a loss .. now i see couple of good recent moves in what seems to be attempts to finally bottom and break up - but it's just taking tooo long !
any thoughts from GILD experts?
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.