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Rocky’s Weekly Stock Picks

This week I’m looking to pad out my buy and holds a bit. That’s a clever way of saying we’re going to be lazy and buy more of the things we already have that are going up.

  1. ET - This is a pretty stable stock that pays a decent dividend. $15 per lot last on the last dividend. Options trade weekly. Even just trading day to do as it works its way up would be a viable play. There is no bear here.

  2. SNDL - Tonight the price sits at $1.10 and I bet you it’s going to spike down at market open, and not come back. I’m going to try throwing out an order to buy at $0.85. Being able to sell premium weekly when the price is basically averaging $1 makes it easy to see 10% gains, more if you’re lucky. Don’t get too carried away buy shares and selling puts; when this stock sits at $0.75 the faucet turns off.

  3. WKHS - The whole time it was under $10, I kept telling myself I should buy more soon. Soon™. “I don’t think ‘soon’ means what you think it means.” Well now we’re at $13 and i still need to be buying more. I’m not sure it’ll keep spiking up necessarily, but I fully expect to see WKHS back at $30 before 2022.

  4. RIOT - Under $30, just saying. Our target average is $40. Plus weekly high IV options that are actually pretty predictable. This stock is significantly affected by the price of BTC.

  5. NOK - Recent price moves upwards has benefited IV and premiums. As it stands right now, the price will be $5.48. Buy-write at $5.50 strike. $20.

    $6 strike would lower the odds you get assigned, which honestly we don’t worry about. I love short-term capital gains tax. I wish I could pay more tax. I’ll just buy-write another lot to pay for it. Now I still have $20, actually more, and I got to pay tax twice. I’m having a great day.