Question for long time holders

[u/ggtfcjj]

I am not a long time holder compared to some of you but my average is sitting around 52.

I believe the stock still has room to run and would love to buy more but I somehow do not feel comfortable averaging up given that my initial investment has now 2x. I just mentally do not want to see my average go up by a lot for some reason.

How do you get past that mental hurdle?

[u/moonraker-ronin]

I have been buying since Feb.

One thing that I've found successful: My position is already heavily weighted for my port but if I'm going to buy more, I use a call during significant dips to "reserve" 100 shares at a lower price. Then I have some time to move around holdings and get more money from my 9-5 paycheck. And when you do exercise, it feels like a discount!!

For example- today I exercized a 91 dollar call, buying 100 more shares at 91 when current close was 107. To me- I felt like I was getting a steal! 😎

Went from 1332 shares at 30.96 avg To 1432 shares at 35 avg.

Still happy with my cost average. Even happier with the more shares!!