If you read my posts from 2 weeks ago you would have made a lot of money taking profits. I even identified specific ones that would go down. Some of them down 30-50%. Let’s keep dialogue open and keep crushing it

likefunny
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I stopped playing risky options out of the money. I wasn’t very profitable gambling. I now sell those options and make steady extra income on my positions

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OP - regarding my previous comment on BFT, do you think its a LT hold?

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Also interested in perspectives on BFT

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I added my thoughts to BFT in the other thread. I have been playing the short term SPAC play and making huge returns. Those gains will bleed over time since these spacs are valued on far out results (ie: 2024-2025). I have been keeping notes of ones I want to Reenter down the road

BFt is still a good play. I always see Steve grasso on Fast money pumping these up. Should have more room to run once the next run of spacs gets going

How are you playing WPF? You shared that you got in around the low 10s in one of the other threads. Are 10.40s still a decent entry and do you stick to shares or options?

There should be an out at $10 if you don’t want to merge your shares. So essentially you have a free stop at $10. I don’t know the mechanics of that but it’s there

helpful

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likefunny

Hi fishes

BRILLIO is hiring for multiple positions.
Let me know if anyone needs a referral.
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Best of luck.
!Brillio

Post Photo
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I’ll be taking a look at all the recent SPACs that had huge runs. The plan is to watch for momentum to start fading and play some puts at or around merger votes. A lot of these plays are priced to perfection on revenues 5+ years away. Will some make it big? Yes. Will some fail, yes. Also starting to watch the warrant exercise requirements. All of these have huge supply coming to market and I plan to be on the other side of the retail suckers

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