Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision.
Started a covered call strategy on C3AI, buying 100 shares @ 9.73 and selling a single call option of 10.0 on it for 0.25cr.
Although this company has obvious pressure from the market as it hasn't proven its profitability and realize its potential, I still believe in the AI driven boom and this stock will eventually catch up.
In addition, with the stock priced @ around 9 - 10 dollars per stock, it is a much more favourable entry point for my current account value.
@Madluvyz - Specialist in using FA and TA to sell options and swing trade.😺
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