You are going to be paying a huge premium. So it’s unlikely that a long straddle will result in the 1000% to the moon gains you are hoping for. There are better ways to take advantage of this situation. Just sit and watch the chain for 10 minutes and you should be able to figure some stuff out.
Flordamang on
The play is V E G A
Normal-Television-65 on
What about this stock??? Blnd. Seems like a gme type of setup option as well. Long trail down. Explode up to the moon!!
Pharmacologist72 on
Buy Jan 2025 puts once you see the stocks starting to creep down. Can’t lose.
4 Comments
You are going to be paying a huge premium. So it’s unlikely that a long straddle will result in the 1000% to the moon gains you are hoping for. There are better ways to take advantage of this situation. Just sit and watch the chain for 10 minutes and you should be able to figure some stuff out.
The play is V E G A
What about this stock??? Blnd. Seems like a gme type of setup option as well. Long trail down. Explode up to the moon!!
Buy Jan 2025 puts once you see the stocks starting to creep down. Can’t lose.