DJT Puts - 10x-20x opportunity
Posted: Jan 17, 2025
- $DJT stock price expected to drop significantly following a major event
- Options strategy: buying 1/24 35 puts for 0.44 and 1/24 32 puts for 0.18
- Predicting a drop to 27-29 range for potential 10-20x return
- Previous history shows similar pattern before major events
- Potential upside if stock reverses, plan to buy ATM 1/24 calls
- Risk involves sideways trading, IV crush, and rapid Theta decay
- Current positions include 15 42.50 calls, 70 35 puts, 250 32 puts, and 300 30 puts
- Strategy involves recouping initial investment and letting the rest run for profits.
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