Careful you don’t go round trip by HODLing a non-stonk too long.
I had no idea you could buy options for the VIX. Thanks for the heads up. Would have bought calls when it was $12 in the summer, would have bought puts on Aug 5! :)
I don't think it is at risk of bankruptcy.....at least as of now. But anything associated with EVs continue to be in the toilet. Ironically, it's on my watchlist for another go. Got stopped out twice already. LOL!
Buy more SLB? :)
FYI - read a few articles about the Saudi's flooding the oil market with production. Don't think I will add to energy positions anytime soon.
I remember some oil guy saying they might do that. I forget the reasoning. Something about the flushing out the market.
I sold a recent SLB add. Still own a decent amount. Its been a dud.
Looks like my SLB is close to the -10% purchase price stop loss. I might let it go if it hits. My other energy plays seem to have performed better over various time windows.
Been eyeing ITB for a while now, hoping for a modest pullback (iShares Home Construction ETF). It covers home builders and HD-like companies. Likely time to start adding shares or leap calls. Probably don't know the area well enough to choose individual winners
Isn't that a bad thing?
Institutions got the chance to read Tom Lee's intraday alert on the CPI print. 😁
Fibonacci with the AI kicker are key!😉
Good market reaction to both inflation reports. Onwards to the first cut! :)
Impatient traders? WOLF is a year away from profitability, with one new NY chip production facility and another wafer production facility in NC set for opening next year. So lots of $$$ to construct those facilities, expenses well ahead of potential revenue. I don't see bankruptcy for WOLF. Great potential here for the patient investor.
I thought i heard today’s run may have been fueled by a wsj article suggesting .5 is on the table.
Any issues with cash on hand and having to raise more funds/dilution? If things hit for WOLF, buying at this price would yield epic returns.
On Fidelity, call options go out to Sept 2026, so 2 full years. Reasonable prices and plenty of volume.
Doing nicely with GEV. Bought at $160 and today it closed at $215. Buy high sell higher! 😁
WOLF has a bit over $2B in cash on hand, but $6B in debt, with operating and construction costs of a $1B-plus for the new NY plant and a $5B-plus for the build of the JP facility in NC. Have to think they'll get some CHIPs Act $$$, but having to recast its application as WOLF is not categorized at a silicon chip manufacturer but is a silicon carbide-based manufacturer. That said, they are certainly a next-gen part of the nation's strategic supply chain. So CHIPs $$$ would be viable. Much foreign interest waiting in the wings, as leverage, or a validation of WOLF's technology.
