hydros
2021-03-02

$ChargePoint Holdings Inc.(CHPT)$for those who are stuck and have at least 100 shares, you may want to look into selling covered calls to earn option premium while waiting for the stock price to recover. I don't know how tiger handles covered calls but I think there is quite a large margin requirement. 

In other brokers, if the price is now 30, I can sell covered call with strike price e.g  35. if price hits above 35,  the shares will be called away. Otherwise, you earn the premium. Do it repeatedly and slowly lower your cost.

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