Yes that's 80% of it, I'll post a chart a bit later with the tight triangle breakdown as someone else also asked. This trade wasn't complicated, the lesson is about pressing when you have conviction. You don't see the AMC calls that list because that was Thursday. This is Fridays blotter. It was probably a $2k loss if I remember.
Yes TA. The first line of the chat I say "this AMC triangle is getting super tight". It could have broken either way, but the bottom line is that it was going to break... It was a beautiful setup. I'll post a chart a bit later.
Dustin, did you see my Monday recommendation of NIO $50 Calls saying I was holding? I bought 100 around $1.25 average cost. Yoir trade was excellent, even if you post a $500,000 month like I did(Deleted it immediately under another name.) the haters won’t believe you. You did awesome!
I didn't see that thread, looks like you made about 30k on NIO? Where did the rest of the month come from? MRIN?
A couple people asked about the setup. It's a simple (and very clear) triangle breakdown. Low 40's are possible next week. I'd prefer for it to hang around $50 until mid-week to start building a put position.
$500k was a few years ago, I don’t swing the bat like I use to. Last big month I posted was a little more than half, last year.