I’ve held this since IPO at $1 so my timeframe has been quite a long while…
I’m an option seller so I don’t really have firm price targets and I’m probably an outlier here. I’ve been assigned stock at $13.50 and $12.50 and I’ve also had stock called away at those prices too. So yes, I had to buy stock at 12.50 when the market price was in the $9s lmao.
Right now I’m short the 12.50 and $13.50 puts (bullish position). So if the price of the stock ends up below those prices by Thursday next week, I’ll have to buy it at those prices.
It really depends what price you hold, what your circumstances are and what you believe. Personally, I think there is more upside than downside risk and I am happy to hold. I’ll just continue to sell options to derive my income as opposed to disposing of stock.
If you are unsure on what you should do, my only advice is to assess your level of risk with your current position. Even buying puts as insurance to hedge your current position is a good idea many investors seldom use.
TLDR: I’d like it to go up. Past $17 would be nice
NXT Price at posting:
$13.60 Sentiment: Buy Disclosure: Held
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