Hard to put a price on a monopoly of a niche market that's projected to get bigger. It's already in 3 ark funds, and speculation is that it'll get added to arkx. I think last big offering was at $9+, $300m+ in total. $9 is the new floor imo. Up to u whether to sell
The big caveat is that its niche is really tiny atm. I'm sure the "but FUNDAMENTALS!" crowd on cnbc will hate it lol.
+ Earnings on 3 March + Bounced off the 20 day + No. 2 on barchart's unusual options list. 9k calls @$350 strike 12 Feb Time for an earnings play? March calls won't be cheap tho. Maybe just go with shares?
good looking chart, albeit only 3.5 mo of data the doji, "+" at the end of a trend signals hesitation among traders suggesting a change in direction, confirmed by the 2 large green candles on the next 2 trading days, in the process breaking thru 20 dma, pressing up against 50 dma after breaking thru 50 dma, the next target is ~ 317 (50% retracement), then 342 (61% retracement) the IV is ~ 76%, super expensive, so i am gonna sell options bto 292.5 PUT, sto 302.5 PUT for a credit of $5.55, defining my max risk of $4.45
$ALUS Freyr. for the spac minded let me know what you think: https://www.sec.gov/Archives/edgar/data/1781115/000121390021005350/ea134234ex99-2_alussaenergy.htm I started a small position, still thinking whether to add more. big pipe/backing. see some reddit posts, but hasn't entered the overhype phase of 100 youtube videos yet. Pre-merger presentation by the ce:
Maybe just maybe my BABA trade will finally pay off. All the short term concerns have been alleviated. Biden in, Trump out, Jack Ma is alive, China will not nationalize the company, ANT IPO looks like it could be on later this year after they reached an agreement with the regulators. It is relatively cheap, cloud turned a profit, China economy is hot...let’s hope this run is just starting.
looks like another sleepy day for clov, sold covered calls on half my positions for some income. 19 Feb $15strike @ $1.10
now that the GME craziness has subsided, let's take a look at this forgotten one Net will report next Thur, 2-11-21 i don't see that as a double top, i see it as another flag / pennant formation. i see it approaching 100 before ER
wow this thing is already up 15% despite no news today . to be honest the numbers don't look that great considering real revenue only starts way out in 2024 and all the potential execution risks leading up to that point. seems like this market loves anything with batteries. *shrug* i'll just hold this for now and see where it goes, don't really love the company, won't be adding more.
Qn for ppl that have looked into GME the company - is $20 a safe price to hold shares? Due to the insane IV, March $20 puts cost 10% premium lol. Tempted to short. edit:nvm, gme went up 10% and put prem has gone down.
Is 226$ is a good price to be in at? I’m thinking about adding a bit which would increase my average.
Is anyone here holding the MJ ETF? Man I wish I would have just went ahead and bought a ton more of that than i did last year. The dividend is extremely high on it as well. Which to be honest I don't truly understand why it is. Or if the dividend will increase in the future.
