u/One-Dingo1220

The author sold the $69 put with 39 DTE for a $1.75 credit, arguing $69.02 has held as daily and weekly support over the past year while $80.56 capped resistance, with the stock at $72.41. The mechanism is premium-selling at a level with a track record of holding, supported by recent insider buying and disclosed Trump share purchases, rather than a directional bet. Max profit is $175/contract if UBER stays above $69 at expiry, with breakeven at $67.25. Main stated risk is assignment at $69 (effective cost basis $67.25) if support breaks, and the author explicitly does not treat $69 as a guaranteed floor.

First Breach is a vertically integrated US ammunition manufacturer controlling brass, projectiles, lead smelting, and finished rounds, positioned to benefit from national security-driven reshoring of ammo supply chains. Catalysts include a JV with ideaForge (world's #3 dual-use drone maker) called First Forge Technology to build US-made UAVs at its Maryland facility, plus 140+ established ammo sales channels. The company direct-listed on Nasdaq under FBDT on Aug 20, 2026. Main risk is execution on the drone JV and early-stage public listing volatility.

The author argues Blue Moon Metals is transitioning from explorer to builder, citing four catalysts in four weeks: added tungsten/antimony claims, a public rebuttal of a Viceroy short report, Nevada clearance to start construction at Springer, and the purchase of water rights and adjacent land. The mechanism is that tungsten and germanium-gallium are on the US critical minerals list amid policy interest in reducing reliance on Chinese supply, while Nussir has FID and Springer is under construction. The author notes the company raised over C$150M in 2026, so funding has not been the bottleneck. Main stated risk is the Viceroy short report, which the company publicly pushed back on.