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Strategies & Market Trends : Trader J's Inner Circle
NVDA 199.04+5.7%Nov 10 3:59 PM EST

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From: Trader J4/10/2024 10:08:01 AM
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TRADE: Got SOUN 1/26 $4.50 Calls at $2.50. This is a 50% position meaning that I'm leaving open the ability to double up on the position to a full 100% weight.

Still kicking myself on this one as I was in very early on SOUN, made a nice gain on the sell but could have been a HUGE gain if I had waited another couple of days. Oh well, I have it back now and expect it will catch fire again at some point on this decline. They are burning money and I expect they'll be diluting again soon so that could provide downward pressure if/when it happens.
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