Easily my best trade ever. Still holding the LEAPS. I have traded some contracts shorter term on dips. Purchased November to sell leading up to satellite launch. This as part of my strategy to concentrate in disparate but high conviction plays, up to a set allocation. I’m currently considering treating the LEAPS as shares, but would really appreciate input, thanks. Much Love and Success to you all!

    https://i.redd.it/ut7krbrsrzad1.jpeg

    Posted by RevolutionaryPhoto24

    15 Comments

    1. Madlyfylingcows on

      When is the satellite launch? I’ve forgotten about this one for a bit but made green a while back on a launch of theirs before losing it all again

    2. New to options, stupid question incoming. If calls so far out react so strongly to change in the price of the underlying asset, why would anyone buy weeklyes or 0dte? Can you just buy calls a year out on something you are quite sure Will go up eventually, then wait it out and sell at a time that’s convenient

    3. IKaleidoscopeI on

      I discovered ASTS like 2 weeks ago and I’ve been doing deep research, (I’m new into this regard world) and I see the potential in their vision, and most importantly, their commercial partnership with AT&T and VERIZON. I’m looking forward to dip into some CALLS if it drops $1.50 and wait to see what happens, hopefully a bit of green.

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