I opened 29 lot(s) $WOLF 20241129 7.0 PUT$  ,

spotted bullish signs in Wolf of late and decided to sell some puts to bet on the upside.

News of the CEO being fired/resigned, closure of non profitable site and recent directors open market purchases might indicate The worse is over for now and the company is turning on a new page. 

Whether the new CEO will be able to flip the narrative or more of the same remaines to be same. In the meanwhile, I'll capitalize the momentum until next week. 

Already up 70% just 1 day after trading for the contracts. 

WOLF PUT
11-22 23:04
US20241129 7.0
SidePrice | FilledRealized P&L
Sell
Open
0.29
29Lot(s)
+79.32%
Holding
Wolfspeed Inc.
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