Mar. 13 at 5:27 PM
$ONDS Minor option Expiration; worries about unfounded on structural issues; and supply absorbed during
$ONDS dips.
Excerpt from today's 'X' update: options exist to reopen the 'Strait of Hormuz'.. which is called the 'jugular vein' of the world oil supply (aside the Americas of course). So military weekend indeed; but not surprising; it's time of 'holding' status quo and eroding Iran's forces while 'preparing'.
There are 'four' amphibious lading ships en-route to the region or there already: one from the US plus another on the way (U.S. Marine Expeditionary Force); plus France is showing the strongest support of any European ally, by virtue of a nuclear carrier group 'and' two amphibious ships.
None of it harms our new-era tickers (mostly advanced or held-well the broad market nearly debacle. I include
$ONDS (interesting deal includes
$PLTR ) ,
$UMAC,
$XTIA among small plays. All defensive ahead of minor Options expiring today; then firm next week. Ondas pertinent ER Call March 25.
