NOK $4.80: Stay long and may sell covered call for INCOME
What happened to NOK or BB is extraordinary as both are real companies with no short squeeze issue so there is no reason not to allow New positions. Then there is this real-world where strange things happen. My guess is someone shorted big in the run-up and try to control the situation.
Anyhow, both BB and NOK have no liquidity issue and they have a business that is on an upturn in this EV movement or 5G cycle. Things are looking up for them actually.
I did note earlier that it is a large float stock, granted with a very low total market cap in comparison so griding higher through the waves, and not a short squeeze candidate.
Its option premium is very high and likely to stay high so one can sell covered calls to earn some income while waiting for the banning to be resolved.
Anyhow, both BB and NOK have no liquidity issue and they have a business that is on an upturn in this EV movement or 5G cycle. Things are looking up for them actually.
I did note earlier that it is a large float stock, granted with a very low total market cap in comparison so griding higher through the waves, and not a short squeeze candidate.
Its option premium is very high and likely to stay high so one can sell covered calls to earn some income while waiting for the banning to be resolved.