Mar. 26 at 3:41 PM
$WGS
This is absolutely worth the risk right here.
Apparently I was wrong; the market’s still risk off but unless going completely to the sidelines one will still be in the market and thus vulnerable to the risk.
I bought the Jan. 2028
$35 call strikes for
$41.00 or a break even of
$76.00; or +20% from the current price.
The same Jan. 2027
$35 calls are
$34.00 for a b/e 10% from here.
I like using LEAPs to manage LT risk; even if the market does something drastically unexpected time is on your side and the hit to the cost basis isn’t as significant either.
Ex. Paid
$12K for the 2028
$PLTR $45 call LEAP. Realized I was premature yesterday and sold with a loss of
$100.
The stock price is -34.5% YoY in spite of Rev. growing 26.5%
This RvR works mathematically for me, as the reward is muted imo due to macro noise.
I was premature re-entering the Tessie calls yesterday but the
$TSLA Sept.
$440.00 calls under
$3K are starting to look interesting as well.
Watching for now.
