Cemex, in my opinion is oversold even in current market and should bounce before 10/28/2021 earnings report. My current average is $6.64 per share
Today, 10/12/2021 Tuesday was another positive day for CX stock....it closed at $6.85, after reaching intra day high of $6.91......
Today 10/14/2021 Thursday was another positive day for CX Cemex shares after it closed 27 cents up or 3.96% on low volume in overall very positive market, which was rallying for tomorrows option expiration date ?
Today CX, Cemex closed at $ 6.66 or 2.15 % up on relatively high volume .....
ReplyDeleteToday Cemex moved up another 19 cents or 2.85% on little bit lower volume
ReplyDeletenow I kind of wonder when to exit CX stock position.... should I wait for earnings report ? or sell covered call option against stock .... they offer pretty good premiums on Nov $7 calls
ReplyDeletethe problem with covered calls is that during October earnings season anything can happen, any miss from some blue chip stock could bring market crashing down including CX ? bringing it below $6 ? IDK Greed tells me to get more $$$ from my position, but experience tells me, ""grab your money and run, lock inn profit now"
DeleteAnother positive day for CX Cemex shares, it closed at $7.08. still holding it after general market rally for option expiration day tomorrow , so far, I am 6.76% in the money on CX trade...
ReplyDeleteI took profits today at $7.13
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