Author explicitly states buying $3k in SPCE puts after profiting on the way up. This suggests a belief that SPCE is now declining and puts will capture further downside. A short-term bearish play based on momentum reversal and profit recycling. Stock could reverse or stagnate; puts have time decay; no fundamental analysis supports the move.
Author explicitly states buying $3k in SPCE puts after profiting on the way up. This suggests a belief that SPCE is now declining and puts will capture further downside. A short-term bearish play based on momentum reversal and profit recycling. Stock could reverse or stagnate; puts have time decay; no fundamental analysis supports the move.