Over the last 6 weeks, DJT stock has been on fire, rallying 280% since September 23! It’s now hitting its highest price since June, and savvy investors are cashing in big time.
💡 Wondering what’s behind those jaw-dropping gains? Let’s break it down!
🎉 Huge shoutout to @Sm3xy for locking in a massive $13,723 profit on $Trump Media & Technology(DJT)$ stock!
🎉 Congrats to @NelsonChan88 for nailing an impressive 152% gain on $Trump Media & Technology(DJT)$ calls!
👉 Got a winning strategy of your own? Share your golden trading tips in the comments below! 👇
Since DJT’s listing in March, investors have tightly linked the stock’s movements with Trump’s 2024 prospects. Despite DJT's shaky fundamentals and slim profitability, Trump Media's market cap now tops $9 billion. With Trump holding nearly 57% of the company, his impact is undeniable.
This Trump-driven momentum has also boosted other stocks tied to him:
Conservative media network $Rumble Inc.(RUM)$ spiked 14% on Monday.
Software firm $Phunware, Inc.(PHUN)$, involved in Trump’s 2020 campaign, surged 15% at the opening bell.
With just one week left before the election, financial markets and betting odds are increasingly leaning towards a Trump win, impacting both stocks and crypto. DJT's options IV has surged to a whopping 400%—a sign the market is pricing in high volatility around next week’s election results.
💥 Thinking of riding the wave, or is it too late to join the party?
Today, let’s dive into how to profit from high IV!
When implied volatility (IV) is high, options become more expensive—especially in high-volume contracts.
Here’s a straightforward strategy: sell options to earn a premium while IV is high. If volatility drops, so does the option’s value, allowing you to buy it back at a lower price.Common tactics include selling calls or puts or going with a short straddle.
Do you have any other go-to strategies for DJT?
Are you bullish or bearish?
Drop your thoughts below! 👇
🎁Rewards:
Feel free to share your Trump concept stock positions in the comment section to win Tiger Coins! Don't miss out on sharing your tactics; give us a lesson!
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Comments
DJT broke $45.75 resistance NEXT STOP $52.5 then squeeze $59. Ride this trash stock until election then short to $25
I bought $44 strikes last friday expiring 11/01, this friday buying $65 strikes for 11/08 or the $100 strikes for 11/15...
DJT will rip over $120 by Friday, shorts have to cover BIG TIME creating a GAMMA SQUEEZE