Tiger V
10-05
$USAR CUSTOM 261016/261016/261002/261002 PUT 15.0/PUT 13.0/PUT 15.0/PUT 14.0$ 

1️⃣ Why am I making this trade now?

USAR is in a clear medium-term downtrend. Momentum has been persistently negative since the June peak, and the stock is now pinned near the bottom of its 52-week range. 

2️⃣ What’s my plan from here?

The technical picture is weak-to-oversold, but the oversold condition alone is not a reversal signal — the stock is a pre-revenue story stock, so the outlook hinges more on financing/execution news than on chart mechanics.

USAR Custom
10-02 21:51
US15.0/13.0/15.0/14.0
SidePrice | FilledRealized P&L
Credit
Close
-0.21
1
--
Closed
USAR CUSTOM 261016/261016/261002/261002 PUT 15.0/PUT 13.0/PUT 15.0/PUT 14.0
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Comments

  • MorganHope
    10-05
    MorganHope
    14 area is ugly on the chart, but for a pre-revenue name I care way more about financing and execution than RSI. The real fight is whether they can fund the story long enough
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