$SPCX 20261106 145.0 PUT$
1️⃣ Why am I making this trade now?
Looking to get some SPCX recently so went for this strike while waiting. I think this is quite a good entry point based on recent prices and market structures. Since this looks like a pivot point where buyers are forced to buy in, so why not give it a try? Will take loss if needed.
2️⃣ What's my plan from here?
Wait. Take the shares if it drops to this strike. Keep prems if expiry. Hold the shares or do a stop loss if exercised. Or do a covered call for more prems if i wish to join the elon cult. Does not really matter, just treat it as water movement.
| Side | Price | Filled | Realized P&L |
|---|
| Sell Open | 2.55 1Lot(s) | +8.83% Holding |
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