12/18/24 :: VROCKSTAR :: UBER I'm irresponsibly long @$61
- won't rehash the thesis - but these guys will share the AV pie. the mkt is no doubt pair trading TSLA v uber. today that started to reverse even early in the session - looking at uber/QQQ pair - the stock has clearly bottomed in my opinion - what matters here, however is the composition of how the market makers spool the index (which is targeted in a narrow range and IMO will finish higher from here into YE) - will we see some collateral damage, a follow on risk off day? anything's possible. but a lot of leverage was flushed today and quite frankly that's healthy. - so i'm irresponsibly long UBER calls. $60 for jan 17 '25 ... and some dec 27 expires as well. will manage this v closely, but it's my highest conviction ST idea given the strength the stock showed today in the worst tape so far this year.
b careful there. love u guys
V
Trade active
y'all know there's a partnership w/ NVDA as of y'days announcement.
y'all know how stocks react when they do a partnership with NVDA y'all know the stock has been strong on it's QQQ pair despite this news
y'all know 4Q is going to beat?
idk what the market does. but the bottoms up here couldn't be any clearer.
irresponsibly long... with. massive. conviction.
V
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