Still think TITNC3: Return of the Iceberg was peak

I usually let the engine “warm up”. I know it’s not necessary but old habits die hard. I’m also the guy that panics at half a tank so.........

 

https://www.youtube.com/watch?v=26CtnvXKY3w

 

And a million miles on several of these trucks?!?! Take my money

 

Oh really

 

I was looking at @theesotericone 's favorite stock NVDA and its AH volume is dead too. Time to go explore some others.

ASO: Dead
AMZN: Pretty much dead
MSFT: Dead
KOSS: Mega dead
TSLA: Life support
WMT: Dead
DHR: Dead
UVXY: Life support

 

If you had spent that 100 on way OTM calls on something like GME you’d be way ahead too. Or had you bought a winning lottery ticket. These charts are so silly and cute. What will be in the top spot next month?

 

Crypto been dooing this lately....

 

I was there, Gandalf. I was there 3,000 years ago. Best $400 I ever spent in my life.

 

Crypto... Wallet... Mining...

 

It's total volume was dead. 7M shares today compared to 11M on an average day.

I did grab some more NVDA options this morning though. 4 JUN $600 calls. They're already printing but my other calls are so OTM I need a 10% rally by next Friday. Stranger shit has happened.

Monday morning I picked up a COIN MAY 14 $220 call. I went deep ITM to capture the delta which is currently .989. Then gamma is .00006 so it's a dollar for dollar lock on price movement. It's already doubled. The question is am I stupid enough to hold through earnings on Thur after the bell. They are going to crush earnings and their price target is in the $450 range. I'm betting that they move up after earnings and I've got enough baked in profit to be wrong and not lose at this point.

Today was wild. Lost a lot of money in the AM and ended up with decent green. Really glad the NASDAQ decided to follow the charts that where saying it was oversold.

 

MAR 14 2022? or did you mean May?

 

Edited. LOL

 

I was like, Damn, you're out there playing LEAPs. That's not your style lol

 

Truth.

I'm also waiting on a CRSR miracle. I've got MAY 21 $30 and $35 calls that break even at $34.15 and $36.02. If I get a 20% rally by next Friday my dumb idea will turn into a good one. lol

 

I'm afraid I have some bad news for both of us on our CRSR calls lol

 

I'm not so sure. RSI is super low meaning oversold. They had some good uptrend after earnings then it broke way down. I have a feeling it will rally as long as the market doesn't shit the bed.