Hey man! So to do research on a stonk you first have to find the stonk. What tools or sites do you use to find good potential buys that you then start doing research on?
I’m trying to learn a good method of buying covered calls etc to limit risk. Let me know what you think :)
I know what covered calls are but I have no idea how to best implement them (on what stocks and how far from the strike price and expiry dates). The way I find stocks is that I read the earnings reports that come out fresh on SEDAR everyday (EDGAR equivalent of Canada). I quickly skim the financial statements looking for something I like before diving in qualitatively. Most stocks don't even pass the financial analysis because they are microcaps and most microcaps are junk. I have a phat watchlist where I keep track of the names in case they drop 30%. Screens don't really work well on microcaps and often times things get missed because of one-off events in the stonk screener. I used to use finviz.com back when I was still in small/mid/large cap.
Hey man! So to do research on a stonk you first have to find the stonk. What tools or sites do you use to find good potential buys that you then start doing research on?
I’m trying to learn a good method of buying covered calls etc to limit risk. Let me know what you think :)
And what do I think of them? I think the best way to get income is to buy good dividend stocks, not sell covered calls.
I know what covered calls are but I have no idea how to best implement them (on what stocks and how far from the strike price and expiry dates). The way I find stocks is that I read the earnings reports that come out fresh on SEDAR everyday (EDGAR equivalent of Canada). I quickly skim the financial statements looking for something I like before diving in qualitatively. Most stocks don't even pass the financial analysis because they are microcaps and most microcaps are junk. I have a phat watchlist where I keep track of the names in case they drop 30%. Screens don't really work well on microcaps and often times things get missed because of one-off events in the stonk screener. I used to use finviz.com back when I was still in small/mid/large cap.