7/1/24 :: VROCKSTAR :: 
DJT
- valuation makes no sense, you know, i know, he knows, everyone knows
- but i've commented on a bunch of these memes/ catalysts lately
- if biden is going to drop out, sooner is advantageous for his party esp after last week
- sources reporting this could be case, just preparing presser?
- benefits theDJT pump?
- OTM calls expensive, but ATM not awful $2.25 for the 7/5 23C given potential imminent catalyst (early this week?)
- downside probably 50% given the high IV if this doesn't happen in the next day or so
- upside should be a several bagger - 2x minimally, which would indicate it's a +ve NPV trade
- literally bot one contract to play the meme
- just flagging in case anyone else has similar or ideally totally diff POV
- slow earnings week ha
V
DJT- valuation makes no sense, you know, i know, he knows, everyone knows
- but i've commented on a bunch of these memes/ catalysts lately
- if biden is going to drop out, sooner is advantageous for his party esp after last week
- sources reporting this could be case, just preparing presser?
- benefits the
DJT pump?- OTM calls expensive, but ATM not awful $2.25 for the 7/5 23C given potential imminent catalyst (early this week?)
- downside probably 50% given the high IV if this doesn't happen in the next day or so
- upside should be a several bagger - 2x minimally, which would indicate it's a +ve NPV trade
- literally bot one contract to play the meme
- just flagging in case anyone else has similar or ideally totally diff POV
- slow earnings week ha
V
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.