Selling the $15 put expiring in January. The stock is currently trading at $27. If it works out, this could generate an ROI of about 80% over six months (you're risking the strike price minus the premium). This isn't my usual timeframe, but with the underlying shares at $27, the probability of success feels pretty high. $Tradr 2X Long SNDK Daily ETF(SNXX)$
$Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ The recent sell-off in FLST wasn't too severe, which is a bit of a relief. I was concerned about another significant drop. It seems like the heavy selling might be over, and there's a chance the price could start to recover from here.
$Applied Optoelectronics(AAOI)$ Sometimes you have to repeat the same point because there are new people joining the discussion every day, and some just don't seem to get it. The numbers speak for themselves. Revenue has doubled two years in a row and will double again in 2026. Maybe someday they'll understand what that means.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ It's pretty remarkable how MU's quarter has shifted sentiment. I know it helps confirm the DRAM cycle is intact and they remain cheap if the cycle holds. It did look like SMH might try to test the 50-day moving average into quarter-end, but I guess not now.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ From what I'm seeing, selling pressure is building up, but dip buyers aren't backing down. In my opinion, we might see around 4.50 by the close. Will I hold overnight? Probably not, but this move has some legs.