I want to start buying OTM put on stonks like DAVE Selling (specific) runners is an all weather strategy. Maybe a near term (3months) 25% away from last price. DAVE250417P00070000 @ 10.60 If I expect DAVE to print 50 ... At worst it's a 1:1 play. 10 / (70-50)-10 Or this one DAVE250417P00055000 @ 4.29 At worst it's a break even trade. LUNR is another candidate LUNR250620P00010000 @ 1.34 with a 5$ target. Going to buy this one as my account is pretty small Share your short plays.
An uptrend stock down 75% from ATH. These are the kind of stocks I want to short. However it might very well print another ATH, But if we check past price action, It went up 6.5x, down 0.25x. Current leg is 6.5x A 0.25x correction might be in the cards. Or not … The option is cheap. DAVE had a smaller pullback, Which looks like an healthier uptrend. I’ll check out PLTR. Thanks.