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Technology Stocks : Square, Inc. (SQ)
SQ 143.19+3.0%Aug 13 4:00 PM EDT

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From: inspbudget7/19/2019 6:00:07 PM
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Hello, found out about this board recently, so hope to greatly benefit from the accumulated wisdom & experience of all of the members here.

I have owned SQ for only a short while, employing a strategy of writing covered calls, and once assigned, writing cash secured puts at the same strike.

Presently sitting on a couple hundred shares with a CC next week @ $78.50. If assigned, I intend to write cash secured Puts at the $78.50 or $75.00 strike. Haven't decided yet.

Any insight and/or comment about today's weak price performance ? Seems like the trend was down right from the opening bell, and not abating at all. rather disappointing to observe. Thinking ( guessing ) that options expiry might have something to do with it.

Look forward to learning from the board

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