more weekly juice in this but caution

getting bid in the pre again up but I think it could slide in a couple hours after a near term crescendo, it ripped out above trend again, looks like a rinse/repeat, so tights stops 🤙🏽

if you're super long, this thing can moonshot. but you already know that.

Trade ist aktiv:

bought a small stock position in the pre around ~23, and sold at the open ~$24.40, rolled into a single June 18 $24 puts just to test this regression forecast. Not staying in it very long, but on the back of the inflation data, maybe she takes a much deserved breather and moneyness accrues with some consolidation. All things being equal, good lord this thing is en fuego. See you at the bottom of channel buying with both fists 🤙🏽

Trade ist aktiv:

looking for this to cascade down to ~$21/share then possibly see a bounce there.