May. 19 at 3:23 PM
$TMC has been on my ST watchlist for years, but watching the Johnny Harris video over the weekend renewed my interest...
MY POSITION AS OF THIS MORNING: trickling in 2026 & 2027 2C while hedging with 06/20 3P -- if/when 3.00 is hit, I'll roll my 3P hedge out to 08/15 2P while loading up on 2026 & 2027 5C
Additionally, here's some quick crayon drawings for y'all that are interested...
06/20 4C is highest call OI, 3.00 is max pain, and 2.5P is highest put OI
Current avg cost basis after 1,000 days of trading volume is ~2.60
There is also technically a gap at 2.00
There's clearly A LOT of support zones here -- with the WORST CASE SCENARIO going back to 2022 and 2023 being a moving average support of 1.50 (which happens to be where the 200 day MA is), and 0.80 if 99.9% of the hype were to die for some reason...
Best of luck to everyone playing this! :)
$SPY $SPDW $GWX $CCSO