I have put options on all the charts below – all of them with a June expiration, except for RKLB, which is way out into next January. The biggest winner right now, by far, is UBER, with almost a 70% profit. As the expiration date suggests, I have bigger hopes for these trades. I have zoomed in on the most relevant portions of recent price history.
Until a few weeks ago, the hottest sector around was anything even remotely related to SpaceX, from flying cars to rocket ships. I am long puts on Rocket Lab (the first chart below), and as you can see, this entire sector seems to be succumbing to gravity.
As God is my witness, this administration’s utter reliance on the STOCK MARKET as their last remaining excuse is going to blow up in their faces – – just to borrow a phrase from President Dipshit – – like you’ve never seen before.
If I hadn’t been so distracted with the 28 positions I’m already managing, I would have loved to have shorted SHOP this morning. Check out this chart: after earnings, it ripped higher, but the moment real trading started, it was off to the woodshed. Can you IMAGINE the poor souls who owned puts and dumped them the instant the market opened only to see them explode higher in value??? It went from a huge gain for SHOP to an enormous loss.
Hey, I’ve got another winning crypto company for you: Strive (with the obvious ticker symbol ASST). Here is this honey of a stock, which has managed to lose 95% of its value in the few months it has been public during the most ridiculous bull market in human history.
