Contrarian/ Buying the lows

are you telling him to short

 

Wow! My contrarian strategy is really starting to pay big dividends. Just sold @2.5 the DKS Call 34 I bought @1.05 last wednesday, when the stock dropped 10%. Besides that, except CTRP and YEFT, I am definitely plus on all the other lows I bought, i.e., K, DOCU and CNC.
I am looking for some more contrarian action. Anyone wishing to collaborate is more than wellcome!

 

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NO; but the main trend in QQQ/200dma+ lots of tech is short/down .And him ''killing himself '' was a figure of speech i hope-in 1929 it was literal,

 

Hedged the long positions, by shorting the today TLRY high, i.e., bought P35 @1.72, June 21. A bit pricey, but I'll sleep better!

 

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I though about buying AMD; except weak market, weak QQQ, weak sector, weak summer rally no dividend singel stock risk, in summer rally. Other than ALL that= tech looks fine LOL,

 

Shorted even MU, 2 put34 @ 1.1, same expiration day

 

Sold @2.63 Call 52.5 on K: +260%. Still keeping calls on DOCU, CND and CTRP. I am relying on short positions on MU and TLRY to ride today possible fall.
Anyway, I am looking for some contrarian action. Is there any knife falling around ?

 

Closed the contrarian short on MU @1.62: +45%. No bad for a ON job.

 

Started contrarian play against OKTA, 1 Put 113, June 21 @2.1. Closed the contrarian on TLRY @2.05: +13%. I didn't make much, but pehraps I entered too high.
Edit: Bought 2 Contrarian PUT 62.5 on EIX @1.05

 

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I like to sell gaps, when almost everything is in favor of it.Even more so if i was already in it;
but with a stock +sector as weak as that; looks more like a downtrend/downtrends than a contrary play............................................................................................